Question

What are the advantages of informal employment? Discuss five advantages

Answer 1

The advantages of the informal employment is that it provides income and employment to all people regardless of education, experience etc that a formal employment is deemed to be relying on. Most people who are employed also find themselves engaged in the informal employment to support their living expenses.

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Answer 2

. It don't require any collateral.

. It is easy process.

. Any illterate can also use it.

. Every day avalible.

. Easy to communicate.

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