Wednesday, March 18, 2015

Underground Economy

This hidden economy is an economy of people who can not find full time jobs. All these people usually get paid in cash and these actions are done without the goverment knowing. This economy is benefial because it proves extra spending money to the people to help support there families. It helps support real conomy by providing the working class extra spending money to put in the economy. This underground economy also has several negative effects. One is that the goverment recieves less money so they are forced to increase taxes to make up for the loss. Also, this has been found to lead to more drug and violent crimes. Lastly, these workers do not have socail security and health benefits, so they are not treatedas fairly.

1 comment:

  1. I agree with you completely and said the same basic thing. I like your evidence and support you provided. My one suggestion is that you proof read your blog before you post it, otherwise this was a great blog.

    ReplyDelete