In 2016, the U

question 35

Short Answer

In 2016, the U.S. Justice Department announced that it would stop using private prisons. What was the reasoning behind this decision?

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Definitions:

Venture Capital

Investment provided by financiers to startups and small firms believed to possess a strong potential for growth in the long run.

Anticipated Profits

Expected financial gains based on projected business activities, market conditions, and strategies, before they are actually realized.

Marginal Benefit

The surplus benefit or joy experienced upon consuming an additional unit of a good or service.

Expected Profit

The anticipated return on an investment or business venture after considering all relevant costs and revenues.