CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
345
You visited us 345 times! Enjoying our articles? Unlock Full Access!
Question

What is the difference between Black-Marketing and Hoarding?

Open in App
Solution

Black marketing is the marketing of the things in a market in illegal means,the transactions done are in itself illegal.
Hoarding is holding resources in larger quantities that exceeds one's use .The main motive behind holding scarce resources, is to sell to customers on a high profit in times of natural disasters etc

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Public Goods and The Commons
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon