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A black economy is a sector of a nation's economy which is illegally undocumented due to cash payments or tax avoidance.
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∙ 7y ago
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Advantages and disadvantages of black market'?
Underground economy can bring a competitive power to economy, it increases the employment, and providing resource to official/formal economy. those are some positive side of black market. on the other hand, some of the negative effects in economy are:the growth of black market means shrinkage of formal economy and it causes tax losses.it brings unfair competition.it causes unreliable statistical data.
Impormal na sektor?
black market underground economy
What is parallel economy?
Parallel economy related to the black money or unaccounted money. It causes big loss in the tax revenue for the government.
Effects of black market currency in third world countries?
the effect of black market currency in Nigerian economy
What were the results of the creation of a world economy?
During the 17th century, the tobacco economy shifted. It shifted to a reliance on the black slaves as a way of social control.
What impact did the black death have on the English economy?
black death killed 30-60% of population. It destroyed the economy.
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.
What are the black economic empowerment advantages?
balance the economy either black or other group
IS there black economy in India?
if you mean a 'black market" then yes there is, the same as in any other country.
Industrial economy of Germany?
it has been a cropping tool for the economy who has to farm from being a black slave towards the mother
Advantages and disadvantages of black market'?
Underground economy can bring a competitive power to economy, it increases the employment, and providing resource to official/formal economy. those are some positive side of black market. on the other hand, some of the negative effects in economy are:the growth of black market means shrinkage of formal economy and it causes tax losses.it brings unfair competition.it causes unreliable statistical data.
Impormal na sektor?
black market underground economy
How does nearness to the Black Sea affect the economy of Georgia?
because yes
Why does informal sector called to be black economy?
SOS ... spit or swallow
What is parallel economy?
Parallel economy related to the black money or unaccounted money. It causes big loss in the tax revenue for the government.
Effects of black market currency in third world countries?
the effect of black market currency in Nigerian economy
