English, asked by beauty1530, 1 year ago

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Answer me for this question
define informal sector


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Answers

Answered by ryan567
1
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<h2><b><i><center></h2>Informal sector</center>

⭕The informal sector, informal economy, or grey economy is the part of an economy that is neither taxed nor monitored by any form of government. Unlike the formal economy, activities of the informal economy are not included in a country's gross national product or gross domestic product

In short its the economic situation completely free from any affairs of state and government⭕
<h2><center><marquee>Hope it helps</h2></center>

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Answered by ankitkumar51
1
The informal sector is the part of an economy that is neither taxed nor monitored by any form of government.
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