(noun) “[A]n unregulated economy of labor and goods that operates outside of governance, regulatory systems, or human protections” (OpenStax College 2012).
Audio Pronunciation: (under·ground eco·no·my)
Download Audio Pronunciation: underground economy.mp3
- Plural: underground economies
OpenStax College. 2012. Global Wealth and Poverty. Connexions, May 14, 2012. (http://cnx.org/content/m42968/1.2/).