How Crime Impacts the City Economy Describe what impacts crime have on the cities economics and sociology. Crime is a major part of every society.
Its costs and effects touch just about everyone to some degree. The types of costs and effects are widely varied. In addition, some costs are short-term while others last a lifetime. Of course the ultimate cost is loss of life. Other costs to victims can include medical costs, property losses, and loss of income. Losses to both victims and nonvictims can also come in the form of increased security expenses including stronger locks, extra lighting, parking in more expensive secure lots, security alarms for homes and cars, and maintaining guard dogs.
