Americans are only 5% of the population of the entire world. It is believed that, of the population of prisoners globally, the U.S. is home to about 25% of prison inmates. Annually, the U.S. spends about $81 billion on mass incarceration. According to the Bureau of Justice Statistics that figure might be an underestimate as in 2017, the Prison Policy Initiative estimated the actual cost on state and federal governments and impacted families is roughly $182 billion. In one paragraph, discuss a brief economic argument (citing U.S. prison system ownership) or social argument (citing racial disparities) that may explain these staggering statistics of U.S. Incarceration rates. (10 Points).