What is Black Economy A black economy is that portion of a country’s economy that is undocumented. Individuals prefer to operate within the black economy so that they can avoid making tax payments to the government, or to avoid price controls or rationing. The black economy operates by using cash payments or barter to settle […]
The post What is Black economy [Explained] appeared first on Commerce and Management Sciences World.
This post first appeared on Commerce And Management Sciences World, please read the originial post: here