Americans Work In the Shadow Economy by Zumbrun, Joshua

Read the articles:
• More Americans Work In the Shadow Economy by Zumbrun, Joshua
• Cultural Implications for the Shadow Economy by Buszko, Andrzej Tomasz
• On Estimating the Size of the Shadow Economy by Kirchgässner, G
• Shadow Economies on the Rise Around the World by Prentice, Chris
Answer questions:

  1. What does the term ‘shadow economy’ mean?
  2. How does the shadow economy affect GDP in different countries?
  3. What are the main factors influencing the shadow economy?
  4. Why is the shadow economy a challenge for the governments?
  5. Reflection – also include a paragraph in your own words reflecting on specifically what you learned from the assignment and how you think you could apply what you learned in the workplace.
    Please also note that your answers should be written in your own words. Don’t use quotes from the articles.
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