Search results
Results From The WOW.Com Content Network
Because of the black market's clandestine nature, sellers often had a monopoly and the growing imbalance between supply and demand allowed them to set their own price. [118] Supply problems in Marseille, Le Petit Marseillais, 14 August 1943. Prices on the black market varied considerably according to the time, place or people involved.
The rationing and price controls enforced in many countries during World War II encouraged widespread black market activity. [58] One source of black-market meat under wartime rationing was farmers declaring fewer domestic animal births to the Ministry of Food than had actually happened. Another in Britain was supplies from the U.S., intended ...
Shortly before the outbreak of World War II, the German government instituted rationing which resulted in the restricted availability of food. Occasional shortages of food occurred during the war; thus, a black market developed. However, supplies were generally adequate, especially in comparison to the situation in some other European countries.
The rationing and price controls enforced in many countries during World War II encouraged widespread black market activity. [25] One source of black-market meat under wartime rationing was by farmers declaring fewer domestic animal births to the Ministry of Food than actually happened. Another in Britain was supplies from the US, intended only ...
Modern-era black market in Poland arose shortly after the country regained its independence in the aftermath of World War I, and its government passed legislation outlawing or regulating certain types of trade. It continued during the period of World War II and communist People's Republic of Poland. [1] [2]
The black markets were among the first economic entities to spring up after the defeat of Japan. People who were desperate for food and basic necessities turned to the black market with its inflated prices as the official lines of supply and stores had either been destroyed or had nothing to sell.
For instance, during and after World War II, enormous profits were available by selling rationed goods like cigarettes, chocolate, coffee and butter on the black market. Dishonest military personnel given oversight over valuable property sometimes diverted rationed goods to the black market.
In 1943, nearly half a million Allied troops invaded Sicily during Operation Husky. Crime soared in the upheaval and chaos. Many inmates escaped from their prisons, banditry returned and the black market thrived. During the first six months of Allied occupation, party politics in Sicily were banned. [21]