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Black Market Economics - What Drives the Underground Economy?

691,081 views

Economics Explained

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

95%
  • 15:40 / 16:27

Speech Rate:

  • 164 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

illicit

/i(l)ˈlisit/

adjective

Not allowed by the laws or rules.

involved

/inˈvälvd/

adjective verb

Being complicated. To have or be included as a part of something.

significant

/siɡˈnifikənt/

adjective

(Statistics) being clearly different.

activities

/akˈtivədē/

noun other

condition in which things happen. Actions or tasks, e.g. sports, washing clothes.

amongst

/əˈməNG/

preposition

situated between other things.

impacts
noun other verb

action of one object striking another. Very strong influences. To affect someone or something greatly.

underground
adjective adverb noun

(Being or living) under the surface of the earth. beneath surface of ground. Subway system, e.g. in London.

consider

/kənˈsidər/

verb

To think carefully about something.

getting

/ɡet/

verb

To go somewhere to obtain something.

struggling

/ˈstrəɡliNG/

adjective verb

striving to achieve or attain something in face of difficulty or resistance. To try very hard to do something difficult.

explore

/ikˈsplôr/

verb

travel through unfamiliar area.

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