3 years ago

Differentiate between formal sector and informal sector

2 answers:

7 0

Answer:

a formal sector are activities which are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP).

Explanation:

Sidana [21]3 years ago

4 0

Answer:

Wikipedia defines formal sector as activities which are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP).

Explanation:

In contrast to formal economy is the informal sector which is neither taxed nor included in the GDP and Gross national product (GNP) of a country.

You might be interested in

When a volcano erodes and the solidified conduit is exposed, it is referred to as a volcanic ______.

Fynjy0 [20]

Answer:

When a volcano erodes and the solidified conduit is exposed, it is referred to as a volcanic <u>neck</u>

6 0

2 years ago

Explain A girl skates around the perimeter of

finlep [7]

Since it is a circular rink something spinning in a non stop circular motion increases slightly and stays at a steady speed. So the girl technically is not accelerating.

4 0

2 years ago

Read 2 more answers

Why did India implement family planning programa beginning in the 1950s?

Elan Coil [88]

I think it’s to control the total fertility rate

4 0

3 years ago

What was one of the art crafts of the Incas?

amm1812

Basketry, i’m sorry if it’s wrong

3 0