econ presentation 3 - economy d
DESCRIPTION
After students learn about Economic Systems, this presentation introduces the concepts of the "off the books" underground economyTRANSCRIPT
![Page 1: Econ Presentation 3 - Economy D](https://reader038.vdocuments.mx/reader038/viewer/2022110114/54665f5caf7959557c8b53d4/html5/thumbnails/1.jpg)
SYSTEM DThe Economic Underground
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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)
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2. Like drug trafficking?
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...ok...for example?
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...ok...for example?
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...ok...for example?
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...ok...for example?
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3. What kind of money are we talking about here?
World’s second-largest economy
Economic productivity of $10 trillion (which is probably a low estimate).
World-wide, by 2020, will employ 2 out of every 3 working people.
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4. So, this growth is mostly criminal enterprise?
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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
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6. So...then System D is good?
System D is usually a symptom of other human rights abuses.
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So...what?