Underground Economy: Difference between revisions

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The '''Underground Economy''' (a.k.a. the Black Market) is a [[Monetized Economy|monetized economy]] that is not subject to formal monitoring, regulation, and extraction of [[labour]] through taxation. The underground economy may be contrasted with the [[Informal Economy|informal economy]] and the [[Official Economy|official economy]].  
The '''Underground Economy''' (a.k.a. the Black Market) is a [[Monetized Economy|monetized economy]] that is not subject to formal monitoring, regulation, extracting, accumulation of [[labour]] through taxation.<ref>Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.</ref> The underground economy may be contrasted with the [[Informal Economy|informal economy]] and the [[Official Economy|official economy]].  
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==Further Reading==
==Related LP Terms==
 
[[Underground Economy]] > {{#ask:[[Is a related LP term::Underground Economy]]}}
 
==Non-LP Related Terms==
 
[[Underground Economy]] > {{#ask:[[Is a related term::Underground Economy]]}}
 
==Notes==


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Revision as of 16:46, 19 December 2022

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 > Regime of Accumulation

Non-LP Related Terms

Underground Economy > Official Economy

Notes

Footnotes

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

[[Is a related term::