The answer is third-generation jail. The concept behind the emergence of third-generation jails is mainly to promote a more humane treatment to convicted inmates. Compared to the first and second- generation jails, third-generation jails were proven to be more successful in providing a more normalized environment and safety amongst inmates and the staff overseeing them. The inmates were provided with better basic commodities and recreational activities. This type of jail was also deemed safer than the old jail structures.
The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.
<h3>What is the difference between futures contract and options?</h3>
A futures contract is put into effect on the specified date. The buyer buys the underlying asset on this date. In the meantime, the buyer of an options contract is free to execute the agreement at any point before the expiration date.
You may therefore purchase the asset anytime you believe the circumstances are favorable. A futures contract gives the holder the option to purchase or sell a certain item at a predetermined price on a predetermined future date. Options allow the option to purchase or sell a certain asset at a specific price on a specific date, but not the obligation to do so.
Hence, The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.
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Answer:
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Answer:During the Age of Discovery during the 15th century, Portugal and Spain were the leaders. Those two countries were colonizing much of South America, Africa, and some parts of Southern Asia. Later on, France was one of the bigger colonization countries.
Explanation:
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