Explain (i) the motivations for white-collar crime using relevant theories in Criminal Justice, and (ii) whether punishment is effective in deterring white-collar crime

Essay Question: Reportedly coined in 1939, the term white-collar crime is now synonymous with the full range of frauds committed by business and government professionals. These crimes are characterized by deceit, concealment, or violation of trust and are not dependent on the application or threat of physical force or violence. With reference to the course textbook, additional research materials, and local/global examples, explain (i) the motivations for white-collar crime using relevant theories in Criminal Justice, and (ii) whether punishment is effective in deterring white-collar crime. Write in the context of United States, and using sources from the US