BLACK MARKETS

Abstract

The paper investigates conceptually the effects and emergence of black market activities that might be controlled for the growth of the economy. The paper analyses the reasons behind the overspreading of these activities and the actions that have to be taken to make the economy white. The practice of black marketing is at the alarming stage that thrives unregulated and untraceable, provides profits and growth in the short run but if not controlled will give a better sense of threat that will not only severely affect the business but also the economy of the country.