Question

How can the informal sector be improved so as to contribute meaningfully to the economy?

Answer 1

Explanation:

1.to improve education system

2.introduced skill labour

3.skilled market

4.fair distribution

5.vocational training

6.larger market development

Answer 2

Strategies to strengthen informal sector so that it can contribute meaningfully to the economy are:

• Providing basic primary education to all and bridging the gap for secondary and higher education where exists through skill developments program. This can be done by providing funds and promoting private investment in the skill development.
• Providing equal access to training to all by offering grants for training and business material to individuals seeking vocational training in small business such as tailoring, mechanics, hairdressing etc.
• Encouraging adolescents to complete their primary education by subsidizing the cost of apprentice training.
• Connecting workers to prospective employers who are offering better working wages, incentives and conditions. And promoting such employers by recognizing their efforts.
• Making a legal framework to develop informal markets and that can effectively remove the market constraints affecting these enterprises.