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\nBlack Market Economics - What Drives the Underground Economy?: Control The Price\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nWe will explore what is the Black Market, why is it so large and influential, how to combat it, and how to make Black Market profits?Helping you become more knowledgeable about how the world works, our content covers the biggest topics...\nWe will explore what is the Black Market, why is it so large and influential, how to combat it, and how to make Black Market profits?

Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists. The team explores a wide range of subjects improving your ability to understand the world more clearly.
This is economics, explained.

Black Market Economics - What Drives the Underground Economy? Part 2\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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4:36
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
6 more...
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2020
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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governments, tobacco, cigarettes, cost, markets, demand
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Additional Tags

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black market economics, criminal economics, the economics of criminal businesses, the economics of the black market, the economics of illegal businesses, underground market economics, black market explained, black market economics explained, what drives the underground economy, what is black market, informal economy, what is black market in economics, what is black marketing, illegal business economics explained, economics explained, black market, government taxes, price ceiling, market, sell, markup, supply, back, graph, make, intervention, expensive, petrol, people, price, produce, import, product, sellers, significantly, fill, litre, turn
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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