Community-Based Punishments Such as Probation and Intermediate Sanctions Are Imposed

question 18

True/False

Community-based punishments such as probation and intermediate sanctions are imposed far more often than prison sentences in the United States.

---

Definitions:

Market Power

The ability of a firm or group of firms to influence the price and production levels of a product or service in the market.

Market Failure

A scenario where the distribution of goods and services by an unregulated market fails to be effective, frequently causing a decrease in overall social welfare.

Communist Countries

Nations where the government controls most forms of economic activity and property is commonly owned.

Scarce Resources

Scarce resources are resources that are limited in availability and cannot satisfy all the wants and needs of an economy or population.