Examlex
Private prisons have gained popularity in the United States because of:
Property Right
The legal rights to possess, use, and dispose of assets, including both physical and intellectual properties.
Cap-and-Trade Program
An environmental policy that limits the total level of certain emissions while allowing industries with low emissions to sell their extra allowances to larger emitters.
Atmosphere Pollution
The introduction of harmful substances or products into the Earth's atmosphere, resulting in harm to human health, the environment, and the climate.
Adverse Selection
A situation where sellers have information that buyers do not, or vice versa, affecting transactions in a way that is disadvantageous to one party.
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