Information about the informal sector and list a few activities related to it as per your observation
Answers
Answered by
4
Information about the informal sector and list of few activities related to it as per my observation is as follows:
- Informal sector is neither included in the GDP and GNP nor taxed. Vendors, hawkers, marketers, cross border traders and artisans are included in informal sector.
- Easy entry, negligible capital investment, reliance on indigenous resources intensiveness of labour and highly competitive market characterize the activity of economy in case of informal sector.
Similar questions
English,
5 months ago
India Languages,
11 months ago
Math,
1 year ago
Math,
1 year ago
Physics,
1 year ago