Social Sciences, asked by jbj3273, 2 days ago

What is Formal Money And Informal Money with example​

Answers

Answered by bsingh140306
1

Answer:

Here's ur answer

Explanation:

Formal money is what u gain from the banks, some organizations or any government staff.

On the other hand hand Informal money is what u get from ur relatives, family n friends or orivate moneylenders.

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