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Essay / Research Paper Abstract
7 pages in length. The writer briefly discusses how crime pays from an economic point of view; what influences the money supply; and how to prevent pollution. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: LM1_TLCEconProb.rtf
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legitimate wage earners. Criminals have no desire to play by the conventional rules of a capitalist society, choosing instead to alter the procedure by taking what someone else has
already worked hard to obtain. In this way, crime pays quite significantly in the amount of labor, expertise and time invested in the acquisition of other peoples property.
One of the most effortless ways in which contemporary crooks illustrate just how much crime pays is by way of white collar or Internet
crimes. In this technologically advanced society, system security has become increasingly more important within the past several years, inasmuch as new and innovative methods have been developed in order
to breach well-tested protective measures. That hackers can readily infiltrate any given companys entire computer system with the intent to destroy data or embezzle funds is more than enough
reason to augment security measures. According to Jacab Thomas, author of the article Protecting Networks From Security Breaches, "the extent of imposing security measures to protect networks has to
be within practical limits and it has to commensurate with the risks involved. After all, security is a trade-off between controls and convenience" (Thomas PG).
For example, there is no question how the concept of Electronic Funds Transfer, which has been in the works for over twenty years, has taken a stronghold
upon society with its incredible ease and convenience. The object of the whole system is to one day completely eliminate the use of cash and paper checks, rendering all
retail transactions totally paperless. To be sure, there are a number of advantages to such a system, not the least of which is the potential for less blue-collar crimes.
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