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According to the authors of Chapter 7, punitive approaches are inhumane and violent and merit no place in a civil society.
Resources Efficiently
The effective and optimal usage of resources to maximize productivity and minimize waste.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing to undertake an action.
Production Possibility Frontier
This graph illustrates the maximum outputs for two different goods achievable with certain inputs and existing production technology.
Clean Air
The condition of the air when it is free from pollutants, contaminants, and other harmful substances, often a focus of environmental protection efforts.
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