Examlex
Early forms of confinement in England and other European countries were very different from our contemporary prisons and jails.One of the first methods of confinement was a facility where a wide range of people were sent to work;most of these people were not hardened criminals,but were guilty of not paying their debts.Another form of confinement was exporting criminals to other lands,such as the American colonies and Australia.As the American Revolution began,however,England had to find something else to do with their criminals.As a result,they reconfigured abandoned ships to hold criminals on the riverbanks.The ships that were used to house offenders on riverbanks were called:
Economic Profit
Profit calculated by subtracting both explicit and implicit costs from total revenues.
Investment
The operation of assigning monetary resources with the prospect of earning income or making a profit.
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, influencing savings and investment decisions.
Solar Heating System
A system that captures sunlight to generate heat, typically used for water heating or space heating in buildings.
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