The Black Market Of Illegal Drugs And Pharmaceuticals

America is the home of the free and one of the world largest countries on all fronts whether it is economical, industrial, medical and countless more. It is home to all types of markets which thrive within its borders. One of the largest markets in the world and in the United States is the drug and medical market. It is a multi-billion dollar market that serves countless people but is Americans abusing this market? There are definitely many sides to this enormous market but the part that greatly deals with the abuse is the black market that is built are the illegal sales and use of illegal drugs and pharmaceuticals. This black market is heavily abused by Americans today but it is not a new concept to us. This black market†¦show more content†¦As profits soared so did the sophistication of the market as well. It no longer is dependent on solely making sales off the streets and in underground locations. Thanks to the development of technology this market expanded vastly as it s availability became easy to access to most and communications between sellers and buyers become safer and faster. This is thanks to the internet and great advances in computers. The buying and selling of illegal black market in drugs and pharmaceuticals now heavy depends on the internet. Most transactions and sellers are on the deep web, part of the internet a level beyond our regular use of google and such. This provides secure and confidential communication lines by encryption of computer IP addresses using Tor anonymizing software or web proxy to the Tor network (Van Hout, par 3). Another benefit of it is the Bitcoin digital currency which also helps ensure that financial transactions can not be traced. Through this process seller and buyers found an easier and safer way to do their business. It is because of the anonymity and safer way to buy that many Americans do turn to this site and others like it on the deep web. This can be seen through â€Å"comprehensive measurement a nalysis and site monitoring for a period of eight months during late 2011 and 2012 estimated total vendor revenue from public listings, as slightly over USD1.2 million per month, with approximately USD 92,000 perShow MoreRelatedMarket Change Essay722 Words   |  3 PagesTo analyze market change, we must analyze the declaration verbiage where Trump declared the opioid epidemic a national public health emergency. No additional funding will be made available for opioid crisis and while Trump emphasized his concern about illegal drugs from Mexico he failed to recognize the issue with legally prescribed opioids. 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