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Define and Discuss the Differences Between Retributive and Restorative Justice

question 1

Essay

Define and discuss the differences between retributive and restorative justice.Which area of justice do you feel serves the public best? Why? Give examples to support your answer.

Discern the principles behind the allocation of resources in creating or destroying wealth.
Explain the concept of economic reasoning and the implications of actions and decisions that have costs.
Recognize the misconceptions related to the zero-sum fallacy in economic transactions.
Understand the dynamics of policies on housing and their unintended consequences.

Definitions:

Legitimate Power

A form of authority where power is given based on a person's position or role within a hierarchical structure.

Zone Of Indifference

A range of actions or decisions by authority figures that individuals are willing to accept or comply with without objection.

Shareholder Value

A corporation's commitment to increase the wealth of its stockholders by improving performance, profitability, and share price.

Employee Commitment

Refers to the level of loyalty and dedication an employee feels toward their organization.

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