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Concept information

... > social science subjects > sociology > social problems > social problems encyc > economics and work > underground economy

Preferred term

underground economy  

Definition(s)

  • The term underground economy refers to economic activities that circumvent the formal system of rules and regulations that organize the processes of production and exchange. Underground economies are classified depending on either the particular set of rules that such activities violate or the nature of production, distribution, and the final product. [Source: Encyclopedia of Social Problems; Underground Economy]

Broader concept(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-BH55R9JK-D

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