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Why Did Prison Rates Increase Dramatically in the 1960s, 1970s

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Why did prison rates increase dramatically in the 1960s, 1970s, and 1980s?


Definitions:

Equity-Financed

Pertains to the method of funding a business through selling shares to investors, thereby increasing ownership equity.

Incremental Value

The additional value created by undertaking a specific project or action, measured by the difference in a firm's value with and without the undertaking.

Outstanding Stock

The total shares of a corporation that are currently owned by all its shareholders, including shares held by institutional investors and restricted blocks held by insiders and company officers.

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