econ presentation 3 - economy d

12
SYSTEM D The Economic Underground

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

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Page 1: Econ Presentation 3 - Economy D

SYSTEM DThe Economic Underground

Page 2: Econ Presentation 3 - Economy D

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)

Page 3: Econ Presentation 3 - Economy D

2. Like drug trafficking?

Page 4: Econ Presentation 3 - Economy D

...ok...for example?

Page 5: Econ Presentation 3 - Economy D

...ok...for example?

Page 6: Econ Presentation 3 - Economy D

...ok...for example?

Page 7: Econ Presentation 3 - Economy D

...ok...for example?

Page 8: Econ Presentation 3 - Economy D

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.

Page 9: Econ Presentation 3 - Economy D

4. So, this growth is mostly criminal enterprise?

Page 10: Econ Presentation 3 - Economy D

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

Page 11: Econ Presentation 3 - Economy D

6. So...then System D is good?

System D is usually a symptom of other human rights abuses.

Page 12: Econ Presentation 3 - Economy D

So...what?