Economy, asked by haradpreksha, 11 months ago

Information about the informal sector and list a few activities related to it as per your observation​

Answers

Answered by theking20
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