Black market
The black market is the sector of economic activity involving illegal economic dealings, typically the buying and selling of merchandise illegally. The goods may be themselves illegal, such as the sale of prohibited weapons or the illegal drug trade; the merchandise may be stolen; or the merchandise may be otherwise legal goods sold illicitly to avoid tax payments or licensing requirements, such as cigarettes or unregistered firearms. It is so called because "black economy" or "black market" affairs are conducted outside the law, and so are necessarily conducted "in the dark", out of the sight of the law.
External Link
- Discussion of trading on the communist black market by a former smuggler: http://www.raelynnhillhouse.com/secrets/bmarket.php
- War on Junk: Black Market Satire
- The Effects of a Black Market Using Supply and Demand
~ Table of Content ~
| ► | Introduction |
| ► | Black market price |
| ► | Examples of black markets |
| ► | See also |
| ► | External Link |
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