Externalities of education U.S. Educations Identify and discuss three (3) externalities (positive or negative) of public education. Craft a short 1-2 paragraph argument in support of or against the existence of public K-12 school systems versus a purely private K-12 schooling system based on your analysis. Your assignment must: Use economic analysis to describe the social costs and benefits of government and public policy choices. Identify the relationship between economic activity and the resources available in a society. Use technology and information resources to research economic problems and issues. Write clearly and concisely about economic problems and issues using proper writing mechanics. Use News Articles