Social Sciences, asked by arushikumari050, 4 months ago

what is formal sector

Answers

Answered by pallavi8221

Wikipedia defines the formal sector as activities that are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP). ... Formal sectors represent all jobs with specific working hours and regular wages and the worker's job is assured.

Answered by manju1130

Answer:

The formal sector consists of municipal agencies or private firms that are responsible for waste collection, transport, and disposal. Second, activities in the informal sector may be less efficient than those in the formal sector.formal sector as activities that are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP). ... Formal sectors represent all jobs with specific working hours and regular wages and the worker's job is assured....

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