What exactly is the BLACK market?

Question

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Answer 1

The black market or underground market is the part of economic activity involving illegal dealings, typically the buying and selling of merchandise or services illegally. The goods themselves may be illegal to sell (e.g. weapons or illegal drugs); the merchandise may be stolen; or the merchandise may be otherwise legal goods sold illicitly to avoid tax payments or licensing requirements, such as cigarettes or unregistered firearms. It is so called because "black economy" or "black market" affairs are conducted outside the law, and so are necessarily conducted "in the dark", out of the sight of the law.Goods acquired illegally can take one of two price levels. They may be less expensive than (legal) market prices because the supplier did not incur the normal costs of production or pay the usual taxes. This is usually the case in the black market for stolen goods. Alternatively, illegally supplied products may be more expensive than normal prices, because the product in question is difficult to acquire or produce, dangerous to deal with, or may hardly be available legally. This is usually the case in the black market for goods that are illegal to possess.


To sum it up in simple terms: an underground illegal market economy.

Answer 2

The Kenedeys, yes President,Senator and them, used the Black Market to make a fortune seling Canadian Whiskey in New York.
The Black Market is what was used buy the Reagan Administration to get missles for Saddam Hussein and Cocaine $ for the Contra Freedom Fighters.
The Black Market is where people go if they feel Taxes are to much.
I like the Black Market, I do not like to pay taxes on my food.

Answer 3

The Black Market is where they sell very rare and expensive stolen items on the underside. The black market is called that because it is the items that are very rare and stolen. This helps the robbers to sell the items without having to go through legal terms or even having to deal with the background checks of where the item originated from.

Answer 4

check out the online black market. its totally legal as long as you don't participate in the activities.
http://welcometothedarknet.weebly.com

Answer 5

things that are exchanged/sold illegally. "I sold my kidney on the black market."

Answer 6

Look here

http://en.wikipedia.org/wiki/Black_market