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Quotes of the day:
Know\'st thou the land where the lemon-trees bloom, Where the gold orange glows in the deep thicket\'s gloom, Where a wind ever soft from the blue heaven blows, And the groves are of laurel and myrtle and rose
The underground economy refers to economic transactions that are deemed illegal, either because the goods or services traded are unlawful in nature, or because transactions fail to comply with governmental reporting requirements. Also called the shadow economy, the black market, or the informal economy, the underground economy in the United States is comprised mainly of the sale of street drugs and illegal prostitution. However, other examples of the shadow economy exist as well.
The Underground Economy: Crash Course Econ #32
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