The Black Market - 749 Words

Derrek Hillier Ms.Brosdahl World Literature Oct, 19, 2015 Research Paper Even though the black market seems like a good place to get the things you need for a cheap price, there is a bad side to anything you may find on the black market. The black market is a bad place and is full of illegal drugs, human trafficking, and ancient artifacts. Through the 1950s most black market sales took place at outdoor markets or bazaars. Having emerged during World War 1 in response to the regulation of prices and supplies, the black market burgeoned after the Bolshevik seizure of power. Some pros of the whole market is it helps make people money, helps people get the things they need at a cheaper price. Some people depend on the black market to live.†¦show more content†¦Due to the difficulty of sizing up explicit drug sales, there’s not even a cheap picture of just how large colorado s marijuana black market was before legalization, making it all the harder to evaluate how legal sales have affected it. In the case of Richard Sacra, U.S. based physician Kent Brantly donated his personal blood to help fight off the virus(Ebola). These developments highlight a larger market of pharmaceuticals, treatments, and biological material. Administered early and with a high level of medical intervention, serums such as ZMAPP may help lower the mortality rate for Ebola. However data is insufficient at this stage. Those with desire and resources are buying blood in hopes of curing current infections or stockpiling for future infections. Recent report illuminate a growing black market trade in blood from Ebola survivors. The massive trove of credentials includes user names, which are typically email addresses, and passwords that in most cases are in unencrypted text. The Adobe breach, which uncovered in Oct. 2013, yielded tons of millions of records that had encrypted passwords. Globally, illegally traded and counterfeit pharmaceuticals generate more than $75 billion USD annually. In addition to the internet-driven parallel trade in pharmaceuticals and fluids, one often finds in other parts of the world other forms of parallel markets. A cyber security firm said that it uncovered stolenShow MoreRelatedThe Black Market1316 Words   |  6 PagesThe Black Market is defined as people who engage in illicit trade. Smuggling of Nuclear weapons plays a role in this. The Russians, U.S., and other countries are involved. Russia has been one the move since the Cold War ended. The Russians position threat to many lives with nuclear sales. Many Russian affiliations and events are to blame including Russian Mafia, military intelligence, Trading Air, collapse in economy, and disgruntled Nuclear employees. Russian Crime organizations have grownRead MoreThe Benefits Of The Black Market1316 Words   |  6 PagesKryslin Cotton English 1301 Professor Cain 23 November 2016 Under Ground Kings: The Benefits of the Black Market Why is there over 120 thousand people waiting on an organ transplant? Why are there 44 million uninsured people in the United States alone? Why is it that 1 in 10 americans cannot afford their medical medications? All simply answered by the fact that it’s all too expensive. The poverty level, according to USDA 2015, in the United States for a family of four is $24 thousand. With soRead MoreThe Black Market Exploiting The Donor1745 Words   |  7 PagesProposing a Solution to the Black Market Exploiting the Donor: Legalizing the Sale of Human Organs, In Hopes of Putting the Black Market Out of Business Right now in the U.S. even with all the advanced technology, there are more than 120,000 people currently on the UNOS organ transplant waiting list. With the wait being so long for an organ, people have become desperate in order to save their life. With this number being so large, it is hard to believe that there is a new name added to the listRead MoreSelling organs on the black market1081 Words   |  5 Pagesï » ¿Selling Organs on the Black Market Every teenager wants to own the newest iPhone or iPad but to save up for those working at the local McDonald’s it would take some time. But in China, you can get it just by selling a kidney. In face according to a BBC news article dated April 6, 2012 five people were arrested for convincing a teenager to sell his kidney in an online chat room for the equivalent of $3,000. The teenager is now suffering from kidney failure, and just for a couple of new toysRead MoreWhat causes black market?8950 Words   |  36 Pagescom/locate/econbase Efficient black markets? Carl Davidson a,b , Lawrence Martin a , John Douglas Wilson a,⠁Ž a Department of Economics, Marshall-Adams Hall, Michigan State University, East Lansing, MI 48824, United States b GEP, University of Nottingham, United Kingdom Received 17 May 2005; received in revised form 9 October 2006; accepted 23 October 2006 Available online 3 February 2007 Abstract This paper investigates analytically the welfare effects of black-market activities that firms undertakeRead MoreTerrorism, The Nuclear Hazard And Black Market1234 Words   |  5 PagesIn the spectrum of modern international politics the key preeminent threats to security and the sense of freedom from those threats are terrorism, the nuclear hazard and black market in materiel. These three security issues, not only affect national and international security, but also societal and economic security. Terrorism, has maintained the status as a preeminent threat in the modern world today, but has also become a worldwide phenomenon that has impacted not only in the Middle East butRead MoreThe Black Market Of Illegal Drugs And Pharmaceuticals1592 Words   |  7 Pageshome to all types of markets which thrive within its borders. One of the largest markets in the world and in the United States is the drug and medical market. It is a multi-billion dollar market that serves countless people but is Americans abusing this market? There are definitely many sides to this enormous market but the part that greatly deals with the abuse is the black market that is built are the illegal sales and use of illegal drugs and pharmaceuticals. This black market is heavily abused byRead MoreBlack Market Organ Of The United States1568 Words   |  7 PagesSelling a human organ has been a controversial subject for many years. The question arises; is it illegal to sell a human organ if it is going to sav e another’s life? October 2011 marks the first proven case of black market organ trafficking in the United States. Levy Izhak, a New Yorker, pled guilty in federal court for illegally expediting kidney transplants. His lawyer claimed, â€Å"the transplants were successful and the donors and recipients are now leading full and healthy lives† because ofRead More Black Thursday Stock Market Crash1342 Words   |  6 PagesSeptember of 1929. 1929Â…) It was anticipated that the increases in earnings and dividends would continue. (1929Â…) Price to earnings ratios rose from 10 to 12 to 20 and higher for the markets favorite stocks. (1929Â…) Observers believed that stock market prices in the first 6 months of 1929 were high, while others saw them to be cheap. (1929Â…) On October 3rd, the Dow Jones Average began to drop, declining through out the week of October 14th. (1929Â…) On the night of Monday, October 21st, 1929, marginRead MoreEssay about India and the Black Market4264 Words   |  18 Pages----------------------------------- Sep 20, 2005 BLACK MARKET AND THE INDIAN ECONOMY ----------------------------------- Statistics: It is said that black money in India accounts for 20 % of GDP. If this is true, then black money generated every year must be around Rs 400,000 crore or $ 80 billion. This is a huge amount, more than the entire budget of the government at the Centre. We have a government that spends about Rs 350,000 crore a year, most of it on itself, and asks for accounts