A. a Range of Correctional Management Strategies

question 33

Short Answer

a. A range of correctional management strategies
b. Incarceration followed by sentence reduction
c. Sanctions can be calibrated and made equivalent
d. Designed for young people
e. Compensation for loss
f. Penalty based on a person's income
g. Free labor as a penalty

h. Government seizes assets used in criminal activity
i. Potential loss to victim/system
j. Targets convicted people subject to incarceration
-A continuum of sanctions is a range of correctional management strategies based on the degree of
and control over the convicted person.

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Definitions:

Markup

The amount added to the cost of goods to cover overhead and profit, determining the selling price.

Selling Price

The amount of money charged for a product or service, determined by adding a profit margin to the product cost.

Competition-Based Concept

A pricing strategy that sets prices based on what competitors charge for similar products or services.

Economic Theory Approach

A perspective or method that applies economic theories and principles to analyze and solve various problems or to understand behavior.