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, 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]]. | 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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==Concept Map== | ==Concept Map== | ||
Latest revision as of 15:08, 23 July 2026
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.
Concept Map
Key Terms
- Productive Structure
- Economic Structure
- Communication Structure
- Educational Structure
- Administrative Structure
Economy >
Syncretic Terms
Economy >
Related LP Terms
Economy >
Related LP Terms
Non-LP Related Terms
Notes
Citation and Legal
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Footnotes
- ↑ Sosteric, Mike. Rocket Scientists’ Guide to Authentic Spirituality. St. Albert, Alberta: Lightning Path Press, 2019.