Which of the Following Were Designed as Small, Rural, Cottage-Like

question 48

Multiple Choice

Which of the following were designed as small, rural, cottage-like homes run by parental figures who worked to educate and care for youth?

• A) almhouses
• B) Houses of Refuge
• C) penitentiaries
• D) reform schools

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Definitions:

Coase Theorem Solution

A theory suggesting that if trade or negotiation over property rights is allowed without cost, parties can reach an agreement regarding the allocation of resources regardless of the initial allocation.

Mutually Agreeable

A situation or outcome in negotiations or agreements that all parties involved accept and are satisfied with.

Cap-And-Trade

An environmental policy tool that aims to reduce pollutants by setting a limit (cap) on emissions and allowing companies to buy and sell permissions (trade) to emit up to a certain limit, incentivizing pollution reduction.

Property Right

Legal rights to use, control, and derive benefits from a resource or property.