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The 'fakes' industry is worth $461 billion | Financial aid for college, Financial aid, Shoes online
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The 'fakes' industry is worth $461 billion. Seeming harmless at first, the counterfeit business could actually be detrimental to the economy. This is because it not only rips off authentic brands such as Louis Vuitton, Ray Ban, Nike and Rolex but also undermines innovation and economic growth. In addition to being an economic hazard, it could also be a health hazard. The sale of counterfeit pharmaceutical items and children's toys could also be harmful to one's health. Pay For College, Nike Apparel, Financial Aid For College, College Planning, Economic Growth, Three Boys, Scholarships For College, Financial Aid, Children's Toys
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The 'fakes' industry is worth $461 billion

The shady business of 'fakes' has ballooned into a global industry worth as much as $461 billion, according to the OECD.
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