The Economics Of Drugs And Prostitution



Illegal drugs are considered one of the most severe problems facing our society. These include cocaine, heroin, and methamphetamine. These substances are seen as problematic for a number of reasons. Firstly, they are highly addictive and create a serious chemical dependence in their users. These users are consumed by their addiction and let it dictate their thoughts and actions, their existence revolves around getting their next "hit". This can easily ruin their lives and the lives of those around. A secondary, yet just as serious, effect of illegal drugs is their impact on society at large. Drug users must finance their habits, and will do so all costs because they are addicted. Since ...

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way that our government attempts to combat the illegal drug problem is through the use of law enforcement measures. This means that organizations such as the RCMP, the Sûreté du Québec and Customs Canada take steps, such as seizures and arrests, in order to hinder and cripple the drug distribution network and infrastructure. In terms of supply and demand analysis, they are reducing the supply of illegal drugs and causing the supply curve to shift to the left (Figure 1). As a result, the market price of drugs rises and the equilibrium quantity falls, so the law enforcement approach does in fact reduce the quantity of illegal drugs found in society. Unfortunately, this approach has several shortcomings and may in fact not be the best solution for this problem. The backers of drug control through law enforcement fail to realize that drug users are addicted to these substances and will not let a simple increase in price deny them their "fix". Instead, these individuals will find other ...

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The Economics Of Drugs And Prostitution. (2006, August 6). Retrieved December 3, 2020, from http://www.essayworld.com/essays/The-Economics-Of-Drugs-And-Prostitution/50301
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PAPER DETAILS
Added: 8/6/2006 09:58:08 AM
Category: Economics
Type: Premium Paper
Words: 1018
Pages: 4

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