This "hidden" economy is detrimental to the function of the current economy. This economy is nothing more than the lower class or unemployed people taking upon odds and ends jobs. These jobs not only help the people earn money but it also helps/deters the current economy.
Some of the benefits are that the people are actually earning some money for them selves. Who doesn't like money, these people who do jobs like house cleaning receive their money untaxed so they will be able to spend it more freely on things they would too. The people who lost work hours in their jobs can be somewhat supported with these type of jobs as support.
There are many negatives though to this "economy". One of them are that since the money is tax free the government is losing income so they raise taxes to make up for what they are losing. This effects everyone else and creates more people to take up odds and ends jobs. This hidden economy typically is involved with elevated crime rates and drug use which is always a bad thing no matter what.
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