Economics Dictionary of ArgumentsHome
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| Black Market - Economics Dictionary of Arguments | |||
| Black market: A black market in economics is an illegal marketplace where goods or services are traded outside government regulations, often to evade taxes, price controls, or bans. It arises from shortages, restrictions, or high demand for prohibited items, leading to higher prices and unregulated transactions. See also Sales ban, Crises, Rationing, Price control._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Rothbard, Murray N. | Black Market | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-06-09 | |||
