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I need support with this Economics question so I can learn better.
in 200 words
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1. Why are jails and prisons usually treated as a public good? Use the language of economics in your answer and include the formal characteristics of a public and private good.
2. In Louisiana, prisons are operated as a private good. Does this change the public policy choices made in the state about crime? Is there an incentive to either increase or decrease the prison population in the state? Why?
3. In your opinion, is privatization of probation and prisons a good idea? Why or why not?
Write what you think, not what you feel, and back up your analysis