Examlex
Which era of corrections was characterized by a lack of innovation and a focus on custody and institutional security?
Promote Efficiency
The act of enhancing the performance and productivity of a system or process, reducing wastage of resources.
Thomas Malthus
Thomas Malthus was an English cleric and scholar, influential in the fields of political economy and demography, best known for his theory that population growth will always tend to outstrip the food supply.
Essay on the Principles of Population
A work by Thomas Malthus that discusses the potential negative effects of population growth on resources and living standards.
Marginal Cost
The cost of producing one additional unit of a good or service, often used in decision making about production levels.
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