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What is a black economy?

A black economy is a sector of a nation's economy which is illegally undocumented due to cash payments or tax avoidance.


Define informal economy?

The "informal economy" refers to economic transactions that occur outside of official notice. That is, the black market. Drug trades, sale of stolen goods, sale of copied DVDs, all that kind of unofficial stuff. That's the informal economy.


What is oil called informally?

Oil is informally called "black gold" due to its value and importance in the global economy.


What is private sector networking?

a peel black in the rear of a zebras tail is what a private sector of networking is. also Satan is putting his peel black in Caleb Gentrys peel black.


Which thing is also called black gold?

Oil is also known as black gold because of its high value and importance in the global economy.


What impact did the black death have on the English economy?

black death killed 30-60% of population. It destroyed the economy.


What has the author Murari Ghosh written?

Murari Ghosh has written: 'Black money' -- subject(s): Black market, Informal sector (Economics), Racketeering, Smuggling, Tax evasion 'Metropolitan Calcutta' -- subject(s): Economic conditions, Urbanization 'Gun, submarine, and Switzerland' -- subject(s): AB Bofors, Armed Forces, Corrupt practices, Politics and government, Procurement


Are velvet smoking jackets acceptable at a black tie dinner?

No they are not. A black tie dinner is formal, and smoking jackets by their nature are informal.


What happened to the economy when the Black Death killed 38 million people?

Black Death killed 75 to 200 million people.it destroyed the economy.


What three ways the Black Death affected the economy of Europe?

Black Death created many new opportunities. These made its economy rise again.


How did black Friday hurt your economy?

It didn't, Black friday has never been on Thanksgiving, always the day after. And it does not harm the economy. If anything it stimulates it with more business sales, resulting in more money for the company, which result in money to hire new workers. Which again stimulates and strengthen the Economy. Also to add People always wonder why it's called black Friday It's because in business reports your money is either in the red or in the black. Red meaning your money is low and black meaning high. Due to price droppage of items all stores that have a black Friday sale will usually operate in the black for that day


What are the black economic empowerment advantages?

balance the economy either black or other group