Political Science, asked by anshu123saxena, 2 days ago

Q- why is black markeetring disavantageous for the people in general?​

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Answered by as9601166
1

Answer:

Disadvantages. The shadow economy drives out legitimate industries that can't compete with the lower costs of illegal operations. Some black market players deliberately create shortages in legal goods to force people to purchase from them. The tax-free nature of the black market means the government loses revenue.

Explanation:

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