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Government licensing of professions is common in economy

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Government licensing of professions is common in our economy. For example, one needs a license in order to practice as a beautician, barber, lawyer, dentist, physician, teacher, etc. Assume that individuals no longer needed teaching certification from the state of Missouri to be a K-12 teacher (there is currently no requirement for a teacher certification for college teachers). What advantages and disadvantages would you expect to see if there were no certification requirement?

Reference no: EM13454091

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