Under a black market also smuggling trade) one understands an illegal market on such completely generally becomes knappe, by the State of concerning the price fixed or by evasion of taxes and partly substantially goods acted. Further black markets for forbidden goods develop, like e.g. Drugs or weapons.

On the black market the trade is not nationally controlled or adjusted, it functioned however very probably according to the rules of the market. Black-market prices with nationally fixed top prices and/or restrictions on sales represent the actual market price. In place of a tidy iurisdiction for the settlement of disputes usually "„the right of the stronger one applies "“on the black market, which can express itself also in violent crime.

Examples

After the Second World War the supply situation of the population was very bad. Food and goods of the daily need were only against food marks and in small quantities legally in business available. Beside this legal market an illegal black market, on which everything was available, developed however at swindle-exciting prices. It disappeared despite frequently raids taking place by the police only after the currency reform 1948, when national regimentation was possible for market price formation abolished and thus.

Also in the GDR the black market played an important role e.g. with the passenger car purchase for private goods procurement.

The black market in the literature

With its Kurzgeschichten Lehmann or was so beautifully my market set Siegfried spring the black market in Hamburg and Northern Germany after that 2. World war also a literary monument.

See also:

• Grey market, cigarette currency

Articles in category "Black market"

We found here 22 articles.

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