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Evaluate the economic impact of crime on society. - Scottish Highers Modern Studies - Question c - 2018
Question c
Evaluate the economic impact of crime on society.
Worked Solution & Example Answer:Evaluate the economic impact of crime on society. - Scottish Highers Modern Studies - Question c - 2018
Step 1
The economic impact of crime on individuals and families
Answer
Crime can have a severe economic impact on individuals and families. For example, victims of theft may face not only the loss of property but also the costs associated with replacing stolen items. Additionally, there may be emotional and psychological costs, leading to decreased productivity at work or increased healthcare expenses due to stress and trauma.
Step 2
The economic impact of crime on the local community
Answer
Crime can detrimentally affect local communities. Higher crime rates may deter businesses from investing in certain areas, leading to reduced job opportunities and lower overall economic growth. Furthermore, local governments may need to allocate significant resources to policing and community safety initiatives, diverting funds from other critical areas such as education and public services.
Step 3
The economic impact of crime on the wider society
Answer
On a societal level, the economic implications of crime are extensive. The overall cost of crime includes enforcement, legal proceedings, incarceration, and the impact on victims and their families. According to statistics, crime costs society billions each year, affecting healthcare systems and growth potential. Addressing these issues may necessitate reforms and investments in social programs aimed at prevention, which can be a further economic burden.