Economic Disturbances and Resultant Crime

Authors: Deeya Harpalani

Country: India

Full-text Research PDF File:   View   |   Download

Abstract: This paper is a study of the economics behind criminal activities. It starts with defining what an economic disturbance is and how it is caused. This chaos is a result of various factors ranging from economic loss to crime due to misplaced anger, popularly known in psychological terms as Frustration Aggression Theory. It further dwells into analyzing the economic fluctuations and consequent increase in crime rates, particularly in developing countries. The study is based on Becker’s Economic Theory of Crime and various other theories defining the economics of crime. The study further explores the correlation between major economic indicators and criminal statistics. Economic regression confirms the positive correlation between the two. An evident repercussion of crime is the cost it bears which resulted in increased unemployment rates. Further, the study analyzes the impact of the COVID-19 pandemic which had a major impact on the crime rates. Since work from home became the new normal, cyber crime has spiked over the last 2 years which severely deteriorated the mental health of the people. The paper then concludes with showing that people respond positively to chaos in the society whose result is crime.

Keywords: Economics, Crime, Economic Disturbance, Frustration-Aggression Theory, Society

Paper Id: 1591

Published On: 2022-08-12

Published In: Volume 10, Issue 4, July-August 2022

Share this