Devise a Strategy to Combat Juvenile Cybercrime,including Cyberbullying and Sexting

question 105

Essay

Devise a strategy to combat juvenile cybercrime,including cyberbullying and sexting.How you would implement your strategy?

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Definitions:

Damage Cost

The monetary cost associated with the harm done to goods in an economy, which can result from disasters, accidents, or intentional acts.

Negative Externality

An adverse effect suffered by a third party as a result of an economic transaction in which they had no involvement.

Internalize

The process of incorporating the cost of externalities into the decision-making process of firms or individuals.

Marginal Social Cost

Marginal social cost is the total cost to society of producing an additional unit of a good, including both private costs and any external costs.