How Does Gun Violence Affect The Economy

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A large undertaking that would help in gun violence is fixing Americans economics status by cleaning up crime and neighborhoods. These sort of crimes not only affect those directly involved but the whole area “Even those who live outside of areas with high rates of gun violence may suffer a reduction in their quality of life if the threat of gunshot injury prevents them from taking advantage of the amenities offered by big city life.”(cook 94) Moreover, the tourist industry suffers as well no one wants to visit a place if they feel unsafe ”Similarly, gun violence may also affect the number of people who visit a metropolitan area as tourists, which also affects economic activity and government revenues. For example between 1992 and 1993 a total of nine foreign tourists were shot in Miami, Florida, in …show more content…
The cost of human life is priceless, however, their contribution to society can be determined. Economically speaking the only industry that benefits from these events are incidentally the firearms market. People buy guns after gun acts to protect themselves, but sometimes those weapons end up in the wrong hands. “Every year according to FBI statistics more than 150,000 legally registered farms or stolen and most are not recovered many end up on the streets criminals also requires some through straw purchase these people who buy guns, not for themselves or others not legally entitled to buy them or buy or they get them on the international black market.” (Whitney 170) We cannot stop the straw purchase from selling guns illegally, but we can reduce the amount of guns available to be stolen. However, stricter gun control laws would reduce the number of guns in circulation, which would be less to