What is the black market?

Question

What is the black market?

Answer 1

If, for instance, there's a gentleman of the gangster persuasion standing at the subway selling Marlboro box for $20 a carton, you can be reasonably sure that the next citizen you encounter engaged in a  similar enterprise, will also be offering the same merchandise at the same price. Very efficient. OTOH, the Mayor must jump thru an endless number of hoops, both in the city and in Albany, begging for a price raise, finally settling on $7.50 a pack for the same product, and in the process losing almost the entire clientele in the process. After which he'll claim that he singlehandedly cut down smoking and raised the air quality. Actually, his actions create the need for more organized crime cops, who'll be as efficient as the vice or the drug cops. It's amazing how successful ungoverned enterprises tend to be.

Answer 2

It is a figure of speech. Not an actual place, just the method in which things are sold and bought illegally.

cocaine is sold on the black market, weed, stolen things, etc.

Answer 3

The underground/hidden/illegal figurative market  of trade.  Frequently referred to as the place for organs, weapons, and people are sold from one person to another.  

Answer 4

where things  r sold illegally

it can be things that r legal to sell or things that r illegal to sell

babies, kidneys, diamonds, etc

Answer 5

The "Black Market" refers to the trade of illegal goods, or the trade of goods illegally. For instance, the purchase/sale of illegal drugs in the US is Black Market activity, and so is the purchase/sale of legal drugs obtained illegally. Black Market trade is different in every culture, because every culture has different legal standards. The common point between all Black markets is the attempt to circumvent government trade restraints, generally in the interest of obtaining higher profits for forbiddden or restricted items. In the US, there is a Black Market for Cuban cigars because of the trade embargo against Cuban goods; In Cuba, there is a Black market for goods not sold by the government itself, since competition with the government is prohibited.

Answer 6

The "illegal" market.

Usually where people sell stuff that is either prohibited, or else it is "tax-free", if you know what I mean.