Which of the Following Describes a Correctional Institution in Which

question 13

Multiple Choice

Which of the following describes a correctional institution in which publicly owned prison facilities are operated by a private company?

• A)state prison
• B)managed prison
• C)supermax prison
• D)private prison

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Definitions:

Venture Capital

Financing provided by investors to startup companies and small businesses with strong growth potential.

Well-Established Firms

Well-Established Firms refers to companies that have been in the market for a long period, gaining significant market share, reputation, and customer base.

Productive Efficiency

A situation where a good or service is produced at the lowest possible cost.

Technological Advance

Technological advance refers to the progression and innovation in technology that often leads to improved efficiency, production capabilities, and new product developments.