Which State Was the First to Close Most of Its

question 41

Multiple Choice

Which state was the first to close most of its secure juvenile facilities after decades of reported abuses, opting instead for a community based model for juvenile justice?

• A)Arizona
• B)New York
• C)Massachusetts
• D)California

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Definitions:

Moral Hazard

A situation in which one party engages in risky behavior or fails to act in good faith because the negative consequences are borne by another party.

Coase Theorem

An economic theory that suggests that if trade in an externality is possible and there are no transaction costs, parties can negotiate solutions to conflict that lead to an efficient outcome regardless of the initial allocation of property.

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be positive or negative.

Pollution Abatement

Measures and processes undertaken to reduce, control, or eliminate pollution from various sources.