Co-existence of service and productiveness of education from consumers’ perspective

Abstract

Neither of the Three Industry  Theory nor the General Agreement of Trading Service  (GATS) of the World Trade Organization (WTO) can be the essential criteria to analyze the property of education. The property of education can be defined from consumers  perspective. The direct consumers of education are students; but the ultimate consumers of education include parents, employers, society and governments as well. From the perspective of consumers, education is both a service and a productive institution.