Black economy: Difference between revisions
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imported>Doug Williamson m (Link with Inflation and Gross domestic product pages.) |
imported>Doug Williamson (Expand definition.) |
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The black economy is the part of a state's or of a region's economic activity that is either itself illegal, or is undeclared or concealed in order to avoid taxes or regulations. | |||
== See also == | == See also == | ||
* [[Black market]] | |||
* [[Inflation]] | * [[Inflation]] | ||
* [[Gross domestic product]] | * [[Gross domestic product]] | ||
[[Category:The_business_context]] | |||
[[Category:Compliance_and_audit]] |
Latest revision as of 11:31, 28 November 2017
The black economy is the part of a state's or of a region's economic activity that is either itself illegal, or is undeclared or concealed in order to avoid taxes or regulations.