Calculate the GDP per capita for each country in the following table. Which country has the highest standard of living? Why?
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Definitions:
Contingent
Reliant on another factor and not guaranteed or definitive.
Mandatory Minimum
A type of criminal sentence determined by law that establishes the minimum length of prison time that must be served for certain offenses.
Punitive Policies
Strategies or laws that are intended to punish individuals or entities for misconduct or crimes.
Truth in Sentencing
A legal principle that requires convicted individuals to serve a substantial portion of their sentence as imposed by the court, with limited possibilities for early release.
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