How Shoplifting Effects the Economy

            
             Shoplifting is a major problem in today's world. I myself was recently caught shoplifting and now I have to face the consequences for the bad mistake I made. The temptation of not paying for something is very big factor in why people steal. The shoplifter thinks he is getting a product for free and doesn't know what he's really doing to himself and the community. Shoplifting affects yourself, your local neighborhood and the world population. .
             In this essay I'm going to explain some of the circumstances of stealing from local stores, or any store. After I was caught stealing, I realized how much impact something you do now will affect you for the rest of your life. I now know how much of a disadvantage it is to everyone. The stores and police are tying to crack down on shoplifters by making the punishments as strict as possible. I was given a second chance by suffering the consequences of peer court and if I did everything that was necessary would be a free man. .
             Shoplifting affects the economy in a big way. The stores get about three percent of every dollar purchased for an item. So that means they don't make a whole lot of money out of profit. Every shoplifter that takes a product also is taking the profit, which costs the store money, so that is also a set back and that puts them more in debt. Some stores might even close down because of shoplifters forcing them to file bankruptcy. .
             The stores usually raise there prices which then causes more shoplifting because the prices become unreasonable and people then make bad decisions, but the people that don't shoplift just end up having to pay more for the product because the store has no other way to make up the money for what the shoplifters stole, or go somewhere else to shop. If the customer does go to a different store because of the rising prices, the store will also lose business therefore could also cause them to go out of business if enough customers leave.