Why people buy in a Black market?

Answer 1

Purchasing stuff from the black market is illegal and does not have any benefits to the country or the economy.

The benefit for the customer is that he would get the stuff at a cheaper rate because of the tax evasion, duty evasion etc. Since this is illegal the customer and the seller both can be legally prosecuted for indulging in black trading.

getting very cheap items. example you can buy giftcards at only 10% of the value price. if you are interested in that scene check out www.blackmart.biz

Answer 2

A Black Market is an "underground" trading system where you can buy anything you want that is scarce or rationed - if you have the $$$. It's best-known incidence is World War II in the United States, where few things were plentiful in the standard market, but almost anything could be had in the Black Market. It was considered unpatriotic to use it because Black Markets automatically drive prices up - a very bad thing in wartime. Most Americans resisted it, but almost everyone dabbled in it once in a while, like getting an Easter ham for their family when the local butcher couldn't help, for example.

Answer 3

No taxes for the participants. Goods made available that might not otherwise be.

Answer 4

It promotes free trade