Difference between revisions of "Black market"

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(Definitions)
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==Definitions==
 
==Definitions==
According to [[Principles of Economics by Timothy Taylor (3rd edition)]]
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
:[[Black market]]. Illegal markets that break government rules on prices or sales.
 
:[[Black market]]. Illegal markets that break government rules on prices or sales.
  

Revision as of 17:33, 30 May 2020

Black market is an illegal market that breaks government rules on prices or sales.

Definitions

According to Principles of Economics by Timothy Taylor (3rd edition),

Black market. Illegal markets that break government rules on prices or sales.

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