Types of Markets

White Market

Grey Market

Black Market

White Market

It's totally legal and official.

Grey Market

Goods are bought unofficially and then sold to customers at lower prices than usual.

Black Market

It's totally unofficial and Illegal.

Black Market

A black market, underground economy, or shadow economy is a clandestine market (practice of hiding information or transaction) that has some aspect of illegality.

Rules for Black Market

The rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal.

Black Economy

There is no single underground economy, there are many. These underground economies are omnipresent, existing in market oriented as well as in centrally planned nations, be they developed or developing.

Four major underground economies can be identified:

The illegal economy

• Engage in the production and distribution of prohibited goods and services, such as drug trafficking, arms trafficking, and prostitution.

The unreported economy

• Black Money.

The unrecorded economy

• Black Money (National Income), Product Accounts.

The informal economy

• A mass Black Money which could affect's the countries GDP.

Most and Top selling products in Black Market

10. Tibetan Antelope scarf - $10000

9. Elephant Tusk - $180000

8. Kidney - $262000

7. A White Rhino Horn - $300000

6. Silver back Gorilla - $400000

5. Highly Enriched Uranium - $500000 / pound

4. A Holland Deluxe double Rifle - $1 Million

3. Blood Diamond - $4.3 Million

2. Heroin - $350 Million for 1 shipment

1. Cocaine - $500 Million for 1 shipment