Economics Homework Help

Need to be answered, I will provide two articles attached that can help

1) Levitt and Venkatesh identify a sharp increase in the wages of foot soldiers in the later part of their sample. Explain, using economic concepts and terms we have discussed in class, the possible explanations for this.

2) One of the major limits on the size of a drug selling organization is the risk posed by employees. What are some examples of drug selling gangs dealing with this risk?

3) Based on Levitt and Venkatesh, and the video lectures, what options did the Central Leadership have besides dividing up neighborhoods by franchising? Name some of the possible benefits of franchise-type corporation in the illegal sector. How did Central Leadership motivate the franchise leaders?

4) How does gang membership facilitate the distribution of drugs? What are some of the differences between street gangs and drug dealing enterprises? Based on class lecture, what sort of variation in the quality of street drugs would we expect to see for drugs sold by gang members and non-gang members?

5) Briefly characterize Homeboys, Hustlers, Slangers, and Ballers. Do any of these character types overlap with agent identities in other works we have read?