book

Interview with a Black Market Worker

21 Pages 608 Words 1557 Views

Underground Economy? Did you hear something about it? Underground Economy is also known as “black market”. In which services and goods are traded illegally. It is also considered as a subject of the informal economy, of which 1.8 billion people worldwide are employed. Underground Economy is also the people who not pay any taxes to the government. Some examples of underground economic activities include sexual exploitation and forced labor, illegal drugs, tobacco, fuel, weapons, etc. people engaged in the black market usually run their business hidden under a front business that is legal. In my interview with Stella Marrie Sosmeña, 20 years of age, she been a buko vendor for four years from now. This is her main source of livelihood. She never thought of the hardships she has been undergoing in vending buko like being in the streets for whole day and bearing the heat of the sun. According to her, she has to do this feed her three children of which the youngest is two years old. Sometimes she even tags along this kids to help her in her work. Form this she can earn 800 pesos a day. Despite this amount she is still happy for it because this can suffice the expenses of her children especially the daily needs and most important the everyday milk of her 2 years old child. She knew that this is only enough for their daily expenses. However she has to do this since she has to cope with all the needs at home and for children. Furthermore she still manages to save 200 to 300 pesos a day for emergency purpose in this type of work. Moreover she knew in the first that vending buko is not a permanent work. Especially if it at times you’ve got nothing to save for that day. At times you cannot meet your expectation especially if your goods are not sold out. However she understands that this is how it is to run a business. You have to set things right for your business to grow. You need to thinks of new trends in order to meet the changing needs

Read Full Essay