Black market or underground economy is the term used to describe the clandestine and illegal sale of goods, products or services, violating the pricing or rationing imposed by the government or companies.
The phenomenon of the black market arises in times of crisis or periods of government control of the economy, usually when the scarcity of basic goods forces governments to impose price controls or rationing of goods.
Answer:
We can then infer that the black market is regulated by the government of the country to which it belongs.
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Answer:
impersonality
Explanation:
According to Weber's characteristics of bureaucracy, one main characteristics was impersonality. This is the ability of organizations to situate themselves as bureaucracies in order to protect its members. This allows organizations to serve large volumes of customers at the same time and very quickly with affordable products. In the case of the swelling size of a class, impersonality is the reason behind this, as the school wants more students in order to raise money, but this increasing size of the classroom makes it difficult for teachers to provide personal attention to all the students in the class.
N 1501, shortly after Christopher Columbus discovered America, Spain and Portugal began shipping African slaves to South America to work on their plantations. In the 1600s, English colonists in Virginia began buying Africans to help grow tobacco.
