Modern slave trade is largely motivated by monetary benefits. Question 15AnswerTrueFalse

The statement that modern slave trade is largely motivated by monetary benefits is indeed true. Modern slavery, which encompasses human trafficking, forced labor, and sexual exploitation, is driven primarily by the financial gain it offers to traffickers and exploiters.

1. Financial Incentive: Traffickers often target vulnerable populations, luring them with false promises of employment or better living conditions. This creates a cycle where individuals are exploited for labor or sex, generating substantial profits for the criminal enterprises involved.

2. Legal and Social Factors: In many regions, weak law enforcement and inadequate legal frameworks allow these activities to flourish. The lack of border control, economic instability, and the high demand for cheap labor further exacerbate the problem.

3. Global Context: The International Labour Organization estimates that millions of people are trapped in forced labor worldwide, generating trillions of dollars in illegal profits. This underscores the economic motive behind modern slavery, as traffickers seek to maximize their returns with minimal investment in their operations.

Overall, while there are various factors at play, the primary motivation remains the substantial monetary benefits that modern slave trade can yield.