A network of producing and circulating marketable commodities,labor,and services that escape government control is called a(n)_______________ system.

Question

Quizplus · Accepted Answer

A black market refers to economic activity that occurs outside the realm of government regulation or taxation. It involves the production and circulation of goods and services that are illegal, either because they are prohibited by law or because they do not meet government regulations. The black market can thrive in areas where there is a high demand for certain goods, but where the government lacks the resources or capacity to enforce its laws and regulations effectively.

A Network of Producing and Circulating Marketable Commodities,labor,and Services That