Finland has low levels of homework assigned, but it also has high academic performance: BBC News America's report on education in Finland.
Some things to take into consideration: Finland has much greater social service supports for the poorer part of its population than the United States does. It also has one of the highest literacy rates in the world, by various measures, here, here, here. This introduces the chicken or the egg question, which feature came first, high literacy in general, or literate parents fostering a good learning environment at home?
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What a wonderful video. It sure does sound like Finland has a great education system. For example, in one part of the video the speaker mentions that a classroom has THREE teachers. I don't know if that is the case for every classroom, though.
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