Definitions
There is 1 meaning of the phrase
Black Economy.
Black Economy - as a noun
A hidden sector of the economy where private cash transactions go unreported
Example: "No one knows how large the black economy really is"
Example Sentences
"The government is cracking down on the black economy."
"The black economy thrives in areas with high unemployment rates."
"Illegal drugs contribute significantly to the black economy."
"Tax evasion is a common practice in the black economy."
"Many small businesses operate in the black economy to avoid taxes."
