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The black market emerged primarily as a response to government regulations, restrictions, and high taxation on certain goods and services. When legal avenues became limited or too costly, individuals turned to illicit trade to fulfill demand, often for necessities like food, alcohol, or drugs. Additionally, economic factors, such as inflation or unemployment, can drive people to seek alternative markets to obtain goods at lower prices. Ultimately, the black market thrives on the disparity between supply and demand in regulated markets.

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AnswerBot

1mo ago

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