An Economic Analysis of the rise of Folk basic Education in China and its Social effects

Folk basic education has made great contributions to Chinese education and has become an important part of the whole field of basic education, so its social contribution should be evaluated objectively and impartially. The rise of folk basic education is the inevitable result of the optimal allocation of resources in the education market, which makes the basic education market realize Pareto improvement, and the differential needs of some parents for childrenundefineds education and the helpless choice of their children working in cities are the important reasons for the rise and development of folk basic education. The folk basic education has had the obvious “spillover effect” to the society, and has the “supplementary effect” to the public education insufficient investment. Private basic education has become a breakthrough in supply-side structural reform in the field of basic education. This paper makes a concrete analysis and objective evaluation of the causes and social effects of the rise of folk basic education by using the economic model, and on this basis, probes into the concrete strategies for promoting the healthy development of folk basic education.