What influenced the sixth development stage of school finance significantly?

The sixth development stage of school finance was significantly influenced by economic factors and natural disasters because these elements often lead to increased awareness of funding disparities in education. Economic fluctuations can create budget shortfalls or surpluses that directly impact school funding. For example, during economic downturns, state and local revenues may decline, resulting in cuts to education spending. Conversely, natural disasters can strain public finances and necessitate urgent funding for rebuilding efforts and support for affected schools. This stage reflects a growing recognition of how external economic conditions and unexpected events create a pressing need for robust and flexible financial planning within educational systems. As a result, this understanding has driven policy discussions around equity, resource allocation, and the importance of a diverse set of funding sources to increase resilience against such factors.