单词 | hidden economy |
释义 | > as lemmashidden economy hidden economy n. (a) gen. an economy or saving that is not readily apparent (rare); (b) Politics and Economics (now the usual sense), the economic sector consisting of transactions that are (illegally) not declared for tax purposes, and which are therefore not taken into account in official statistics; = underground economy n. at underground adj. 4e. ΘΚΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > specific sector of the economy rural economics1764 supply side1873 agriculturism1885 business sector1918 black economy1929 hidden economy1930 underground economy1978 old economy1983 1930 Times 10 Mar. 14/6 An increase of £35,000 for the Auxiliary and Reserve Forces is a hidden economy, for it shows that this non-regular portion of the Service is steadily growing and thus easing the burden on the more expensive regular units. 1972 N.Y. Times 3 Dec. 16/1 (headline) A hidden economy is booming in Italy. 1990 Chicago Tribune (Nexis) 1 Apr. c5 Manufacturers may take hidden economies in the way they join the dozens of tiny slats together, but visually, it's impossible to tell most knockoffs from the Cassina copies. 1996 Guardian 30 Mar. 40/1 Prostitution is where the hidden economy (black is now politically incorrect) glamorously blends into organised crime, hidden from the gaze of the taxman. < as lemmas |
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