What is Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited or restricted by law, non-compliance with the rule constitutes a black-market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the illegal economy. Examples include the legal drug trade, prostitution, legal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion constitute membership in the unreported economy.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Black market
Chapter 2: Organized crime
Chapter 3: Smuggling
Chapter 4: Informal economy
Chapter 5: Seigniorage
Chapter 6: Index of economics articles
Chapter 7: Illegal drug trade
Chapter 8: Tax noncompliance
Chapter 9: Tax evasion
Chapter 10: Counter-economics
Chapter 11: Taxation in Iran
Chapter 12: Directorate of Revenue Intelligence
Chapter 13: Household electricity approach
Chapter 14: Automated Payment Transaction tax
Chapter 15: Unreported employment
Chapter 16: Crime in Iran
Chapter 17: The Gold (Control) Act, 1968
Chapter 18: Indian black money
Chapter 19: Tax evasion in the United States
Chapter 20: Edgar L. Feige
Chapter 21: Illicit cigarette trade
(II) Answering the public top questions about black market.
(III) Real world examples for the usage of black market in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of black market.
