Underground Economy
An Avatar.Global Resource
(Redirected from Black Market)
Underground Economy
The Underground Economy (a.k.a. the Black Market) is a monetized economy that is not subject to formal monitoring, regulation, extracting, accumulation of labour through taxation.[1] The underground economy may be contrasted with the informal economy and the official economy.
Related LP Terms
Non-LP Related Terms
Underground Economy > Official Economy
Notes
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Footnotes
- ↑ Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.