Question

How poor people earn living using informal trading

Answer 1

Answer:

Explanation:

It has effectiveness as no standard employment is preferred, no taxes has to be paid. Large trade of money takes place in informal trade. There are few ineffective steps in informal trade. The price of the product is decided by the tradesmen whenever and wherever he need.

Answer 2

Explanation:

Gambling, an informal trading, is not their source of income. Regular gaming, on the other hand, makes them poor. The only way to make money gambling is to work in a casino or run your own games, both of which are prohibited.

However, many people make a reasonable livelihood doing odd jobs. Housekeeping, landscaping, and small construction/renovation are some examples.

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