Explain the Major Factors That Have Contributed to the Rise

question 56

Essay

Explain the major factors that have contributed to the rise in the U.S.prison population.

---

Definitions:

Rate of Return

The financial improvement or decline in an investment across a particular period, indicated as a percentage of the investment’s entry cost.

Interest

The fee associated with the right to borrow funds, usually indicated as a yearly percentage rate.

Compounded Annually

This refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Retire

To withdraw from one's position or occupation; to conclude one's working or professional career.