What are the characteristics of the informal sectorthe, Ask an Expert

Economics

What are the characteristics of the informal sector?

The characteristics of the informal sector comprise:

• working for yourself quite than an employer,

• Small scale enterprise,

• Labour intensive production by using easy technology

• Monopolistic competition and

• Complete nonattendance of official regulation.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579726

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