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20th United States Ambassador to the United Nations
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relying on credible sources to strengthen an argument
Answer: undergound economy is when goods and services are bought and sold under the table without receipts, invoices or bills or any document that accredits the transaction. The intention is not to pay taxes and avoid expenses related to the transactions.
Explanation: the reason of underground economy is mainly poverty, ignorance and excessive regulation. Governments also make the cost of being formal and paying taxes very expensive with excessive regulations that tend to sink companies with high taxes and debt.
The following statement is not true - anthropologists can only study, they cannot apply their understanding of humanity to practical situations or to helping societies.
There is a sub field of anthropology called applied anthropology that is dedicated to applying what is learnt through research of cultures, societies and human behavior to help societies and communities, to further educate people about humanity, for practical situations and solutions to possible problems. Anthropologists can study and put into practice what they learn and discover.
The two subdivisions members of the capitalist class are divided into "Old" money and "new" money . The terms describe different classes of people.
The class "old" money are<span> people who are part of long-established, upper-class families and their wealth is not quickly gained, but has been inherited over several generations. "New"money on the other hand is the class of people who have made their money recently (entrepreneurs, entertainers or athletes.).</span>
