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[[Is a related term::Informal Economy| ]]
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[[Is a related term::Official Economy| ]]

Latest revision as of 16:53, 19 December 2022

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

Underground Economy >

Non-LP Related Terms

Underground Economy > Official Economy

Notes

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Footnotes

  1. Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.