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there is a section that looks at Underground Economics, or Black Markets. The basic idea is that these are markets that are operating without the
there is a section that looks at Underground Economics, or Black Markets. The basic idea is that these are markets that are operating without the approval of the government; that is, they are illegal markets. For this prompt, you should consider a black market that exists in the real world.
Some ideas include: illegal substances or goods, pirated media, counterfiet goods, illegal services, overregulated goods and services
For this prompt, you might consider the following:
- What black market are you analyzing?
- What is the intention or goal of your market not being approved by the government?
- Are there any side effects, or unintended consequences of the market not being legal?
- Why would someone support keeping your market illegal?
- Why would someone want to legalize your market?
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