Black market
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| - | A ''''black market'''' is a [[market]] in goods or services which operates outside the formal one(s) supported by established state power. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat" or the state jurisdiction "the black Market in China". Although markets in the regular economy are not given a "white" attribute, markets that have borderline status are called "grey". | + | A ''''black market'''' is a [[market]] in goods or services which operates outside the formal one(s) supported by established [[state power]]. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat" or the state jurisdiction "the black Market in China". Although markets in the regular economy are not given a "white" attribute, markets that have borderline status are called "grey". |
| == See also == | == See also == | ||
Revision as of 20:29, 31 March 2014
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A 'black market' is a market in goods or services which operates outside the formal one(s) supported by established state power. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat" or the state jurisdiction "the black Market in China". Although markets in the regular economy are not given a "white" attribute, markets that have borderline status are called "grey".
See also
- Agorism
- Counter-economics
- Informal economy
- Economy
- Grey market
- Business ethics
- Organized crime
- Wide boy
- Household electricity approach
- Unreported employment
- Underground
- Underworld
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Black market" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
