What Is the Impact of Modern-Day Slavery?
slavery causes devastating social, psychological, and health consequences for individuals, families, and communities. Government legitimacy is undermined, as governments fail or choose not to provide protection and opportunities to the most vulnerable in their societies. In criminal terms, modern-day slavery is the third-largest illegal businesses worldwide, after drugs and arms. It is estimated that profits hover in the range of US$32 billion per year. Moreover, the so-called slavery industry is a drain on legitimate business and economic development, as well as a source of income and contacts that facilitate other criminal activities.