One key role for the public sector is educating the nation's children to prepare them for a productive life. Answer the following questions in regard to the country's educational endeavors:

Explain the role that education plays in preparing students for the information economy.

How does the information economy differ from the nation's agricultural and industrial economies of the past?

Is the nation's educational system meeting the demands of the new information economy, if so why? If not, why is the system failing?

How will the success of our educational system affect the economy and quality of life in the future? Explain.