Question

List at least three ways that gang attempts to mitigate the externalities it generates from the sale of drugs. In addition list at least three externalities that gang activities generate within the local community

Answer 1

Externalities in economics plays prominent role in which both positive and negative externalities are analysed.Sale of drugs need to mitigate the gang activities.Gang activities depends on the economy and their constitutional laws to deal with such activities and to control them.

3 ways that gang attempts to mitigate the externalities it generates from the sale of drugs

1. Mass media campaigns

2. Community organizing coalitions

3. Family training ,counseling and case management

3 externalities that gang activities generate within the local community

1. Theft

2. Assault

3.Gun violence

4. Illegal drug trade

5. Homicide

Therefore gang involvement have impact on health and welfare of the individulas.In turn the effect is seen on the local community and economic development because youth population is considered as backbone of any economy and if government is not taking care of this ultimately the future of economic change will be ruined.