How Does Rational Choice Theory Relate to White-Collar Crime

question 67

Essay

How does rational choice theory relate to white-collar crime?

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Definitions:

Credit Availability

Refers to the ease with which individuals or businesses can obtain loans or credit from financial institutions.

Durable Goods

are items with a long life expectancy, such as automobiles, furniture, and appliances, typically used over years rather than consumed quickly.

Disposable Income

The accessible funds for households intended for saving and spending, after subtracting taxes on income.

Induced Consumption

Consumption that varies directly with income, indicating how consumer spending increases as income rises.