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A black market in Shinbashi in 1946 Illegal street traders in Barcelona in 2015. A black market, underground economy, shadow market or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose ...
But the rise of technology has led to an evolved "black market" -- and rather than exotic animals and tangible exports, data like credit card information and even streaming accounts are up for grabs.
The informal sector can be described as a grey market in labour. Other concepts that can be characterized as informal sector can include the black market (shadow economy, underground economy), agorism, and System D. Associated idioms include "under the table", "off the books", and "working for cash".
Illicit trade can occur either in black markets or in legitimate markets. Some of the most important types of illicit trade include various forms of smuggling , the illegal drug trade , counterfeiting , human trafficking , the illicit tobacco trade , arms trafficking , illicit trafficking of cultural property, and various environmental crimes ...
If you want to create a black market in a perfectly legal product, just make regulations and taxes so onerous that many people prefer to buy from illegal vendors to escape being hassled and mugged ...
The Black Friday hoax is an internet hoax ... the gold market crashed and caused the stock market to suffer ... "Black Friday" became associated with a specific ...
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