The Pennsylvania System Used The_____ , Which Was a Nineteenth-Century

question 29

Short Answer

The Pennsylvania System used the_____ , which was a nineteenth-century penitentiary in which inmates were kept apart from one another at all times, with daily activities taking place in individual cells.

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Definitions:

Commercial Banks

Financial institutions that offer a wide range of services such as accepting deposits, issuing loans, and providing basic investment products to the public and businesses.

Selling Securities

The act of offering stocks, bonds, or other financial instruments for sale to investors, either through public offerings or via private placements.

Mutual Fund

Financial intermediary that pools funds from investors by selling shares of itself and uses the funds to purchase securities.

Financial Institution

An organization that provides financial services to its clients or members, such as banks, credit unions, and insurance companies.