Friday, February 5, 2010
Organized Crime (Short Note)
The term organized crime has many meanings. For our purposes, we will consider organized crime to be the work of a group that regulates relations between various criminal enterprises involved in smuggling and sale of drugs, prostitution, gambling, and other activities. Organized crime dominates the world of illegal business just as large corporations dominate the conventional business world. It allocates territory, sets prices for illegal goods and services, and acts as an arbitrator in internal disputes.
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