__________ Is The Material Currency Used In The Informal Prison Economy.Options: (A) Money (B) Prestige (C) Cigarettes (D) Contraband

**The Informal Prison Economy: Understanding the Currency Used**

The informal prison economy is a complex system that exists within correctional facilities, where inmates trade goods and services without the knowledge or approval of prison authorities. This economy is often driven by the need for basic necessities, such as food, clothing, and personal items, which are not provided by the prison. In this system, a unique currency is used to facilitate transactions between inmates. Let's explore the options and find out which one is the material currency used in the informal prison economy.

The Options:

(A) Money (B) Prestige (C) Cigarettes (D) Contraband

The Correct Answer:

(C) Cigarettes

Why Cigarettes?

Cigarettes have become a widely accepted currency in the informal prison economy. They are highly valued due to their scarcity and the fact that they are often in short supply. Inmates who have access to cigarettes can use them to purchase goods and services from other inmates, such as food, clothing, and personal items. The value of cigarettes can vary depending on the prison and the specific goods or services being traded.

The Role of Cigarettes in the Informal Prison Economy

Cigarettes play a significant role in the informal prison economy, serving as a medium of exchange, a unit of account, and a store of value. They are used to facilitate transactions between inmates, allowing them to acquire the goods and services they need to survive. The value of cigarettes can fluctuate depending on the prison's policies and the availability of other goods and services.

The History of Cigarettes as a Currency

The use of cigarettes as a currency in the informal prison economy dates back to the 1960s and 1970s, when cigarettes were widely available in prisons. As the availability of cigarettes decreased, their value increased, making them a highly sought-after commodity. Today, cigarettes are still widely used as a currency in prisons across the United States.

The Impact of Cigarettes on the Informal Prison Economy

The use of cigarettes as a currency has a significant impact on the informal prison economy. It creates a system of exchange that is separate from the official economy, where inmates can acquire goods and services without the knowledge or approval of prison authorities. This system can also lead to the creation of a black market, where inmates trade goods and services for cigarettes.

Q&A

Q: What is the informal prison economy?

A: The informal prison economy is a system of exchange that exists within correctional facilities, where inmates trade goods and services without the knowledge or approval of prison authorities.

Q: What is the material currency used in the informal prison economy?

A: Cigarettes are the material currency used in the informal prison economy.

Q: Why are cigarettes valuable in the informal prison economy?

A: Cigarettes are valuable due to their scarcity and the fact that they are often in short supply.

Q: What role do cigarettes play in the informal prison economy?

A: Cigarettes serve as a medium of exchange, a unit of account, and a store of value in the informal prison economy.

Q: How did the use of cigarettes as a currency originate?

A: The use of cigarettes as a currency in the informal prison economy dates back to the 1960s and 1970s, when cigarettes were widely available in prisons.

Q: What is the impact of cigarettes on the informal prison economy?

A: The use of cigarettes as a currency creates a system of exchange that is separate from the official economy, leading to the creation of a black market.

Conclusion

The informal prison economy is a complex system that exists within correctional facilities, where inmates trade goods and services without the knowledge or approval of prison authorities. Cigarettes are the material currency used in this system, serving as a medium of exchange, a unit of account, and a store of value. Understanding the role of cigarettes in the informal prison economy can provide valuable insights into the dynamics of this system and the ways in which inmates adapt to life behind bars.

References

• "The Informal Prison Economy" by the National Institute of Justice
• "Cigarettes as a Currency in Prisons" by the Journal of Correctional Education
• "The Black Market in Prisons" by the Bureau of Justice Statistics

Further Reading

• "The Economics of Prisons" by the American Economic Association
• "The Sociology of Prisons" by the American Sociological Association
• "The Psychology of Prisons" by the American Psychological Association