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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

forbidden by law or custom.

involved

/inˈvälvd/

adjective verb

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

significant

/siɡˈnifikənt/

adjective

sufficiently great or important to be worthy of attention.

activities

/akˈtivədē/

noun other

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

amongst

/əˈməNG/

preposition

In or through a group.

impacts
noun other verb

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

underground
adjective adverb noun

situated beneath surface of ground. beneath surface of ground. group or movement organized secretly to work against existing regime.

consider

/kənˈsidər/

verb

think carefully about.

getting

/ɡet/

verb

To understand something being said or read.

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

To examine something in detail to learn about it.

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