The "New Penology" Was Put Intopractice at New York's Elmira

question 37

True/False

The "new penology" was put intopractice at New York's Elmira Reformatory in 1876. ​

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Definitions:

NPV

Net Present Value, a financial metric used to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Market Size

An estimate of the total demand or volume of sales for a particular product or service within a given market or geographic area.

R&D Costs

Expenses associated with the research and development activities of a company, aiming at new product development or improvement of existing products and processes.