Black economy: Difference between revisions

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That 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.
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 ==
* [[Black market]]
* [[Inflation]]
* [[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.


See also