Growth of the Black Market During WW2
Автор: Endless Wars
Загружено: 2015-12-01
Просмотров: 9974
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Rationing resulted in one serious side effect: the black market, where people could buy rationed items on the sly, but at higher prices.
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The practice provoked mixed reactions from those who banded together to conserve as instructed, as opposed to those who fed the black market's subversion and profiteering. For the most part, black marketeers dealt in clothing and liquor in Britain, and meat, sugar and gasoline in the United States.
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People most associated with the black market were commonly known as ‘spivs’. This was thought at the time to be ‘VIPS’ back-to-front. However, some believe that it came from a horse racing background or from the London Police who had SPIVS – ‘Suspected Persons and Itinerant Vagrants’. ‘Spiv’ was also the nickname of Henry Bagster, an infamous London crook from the start of the century.
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