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Closing the Gap: How the U.S. Education System Could Close the Economic Gap between Developed Countries

Abstract

This paper analyzes the United States education system and how it has recently declined in comparison with other developed countries. The impending results of this lack of educational quality contribute to a possible shortening of the economic gap between the United States and other developed countries. Many nations in the world, though quite strong economically, have GDPs that currently fall behind the United States by a vast amount. However, with the change in education rankings, comes a likely a change in economic rankings in the future. This development could possibly close the gap between developed nations’ GDPs, demonstrating the effect that the United States education system potentially has on the global economy.

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