Econ Presentation 3 - Economy D
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Econ Presentation 3 - Economy D

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After students learn about Economic Systems, this presentation introduces the concepts of the "off the books" underground economy

After students learn about Economic Systems, this presentation introduces the concepts of the "off the books" underground economy

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Econ Presentation 3 - Economy D Econ Presentation 3 - Economy D Presentation Transcript

  • SYSTEM DThe Economic Underground
  • 1. What is “System D”? Economics that exist OUTSIDE the traditional framework(such as trade agreements, labor laws, copyright protections, product safety regulations, anti-pollution legislation and a host of other political, social and environmental policies)
  • 2. Like drug trafficking?
  • ...ok...for example?
  • ...ok...for example?
  • ...ok...for example?
  • ...ok...for example?
  • 3. What kind of money are we talking about here?World’s second-largest economyEconomic productivity of $10 trillion (which is probably a low estimate).World-wide, by 2020, will employ 2 out of every 3 working people.
  • 4. So, this growth is mostly criminal enterprise?
  • 5. Does the government have a solution to this system? System D is more prevalent where the government is the controlling barrier in the economy System D is more prevalent where the government is the cause of problems
  • 6. So...then System D is good? System D is usually a symptom of other human rights abuses.
  • So...what?