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svetoff [14.1K]
2 years ago
12

unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community senten

ces, states will continue to find themselves in economic crises as they attempt to provide for the of the inmate population projected to be elderly by the year 2030.
Business
1 answer:
Bas_tet [7]2 years ago
7 0

Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.

<h3>What is an economic crisis in your own words?</h3>
  • The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, typically caused by a financial crisis. The current economic situation could manifest as stagflation, a recession, or an economic depression.
  • Asset values endure a sharp decrease in value during a financial crisis, firms and individuals cannot pay their loans, and financial institutions face a liquidity shortage.
  • An economic crisis occurs when a country has a sudden decline as a result of a financial crisis, whereas a financial crisis is a situation in which the values of financial assets in an economy collapse rapidly.
  • A debt crisis can result in significant losses for domestic and foreign banks, potentially jeopardizing the viability of financial systems both in the crisis-hit nation and beyond. This may hinder economic expansion and wreak havoc on international financial markets.

Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.

To learn more about economic crises, refer to:

brainly.com/question/307213

#SPJ4

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