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black market
n
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In countries facing severe shortages, the black market flourished, with people selling essential goods like food and fuel at outrageous prices.
The documentary explored the impact of the black market on local economies, highlighting how it undermines legitimate businesses and fuels crime.
During the pandemic, the black market for medical supplies skyrocketed, with sellers taking advantage of desperate healthcare providers by charging exorbitant fees for masks and ventilators.
Authorities are cracking down on the black market for stolen art, which has seen a surge in activity as collectors seek rare pieces without the proper documentation.
The government’s strict import regulations led to the rise of a black market for electronics, where consumers were willing to pay double the retail price for the latest gadgets.