Question

what is the black economy and how is it produce ?​

Answer 1

Answer:

Black Economy or Shadow Economy:

It also includes production or distribution of prohibited goods and services. Examples include the drug trade, prostitution, illegal currency transactions and human trafficking.

Answer 2

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The definition we arrive at of the black economy is: The black economy consists of all the activities in which black incomes are generated and black incomes are factor incomes, property incomes, not reported to direct tax authorities.

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