How can the informal sector be improved so as to contribute meaningfully to the economy?

2 answers:

7 0

Improving the conditions and opportunities for the informal trading sector can lead to overcoming socio-economic hardships associated with unemployment and hunger.
<span>But, the informal economy can also contribute to growth of the economy.</span><span>
One way is traders to pay levies and fees for various administration processes, which are ultimately related to the use of public space and amenities. That way the country economy will also have benefit from the informal trading.</span>

UNO [17]2 years ago

4 0

The informal sector can include such things as artisanal miners who search for gold in streams and rivers such as in Latinamerica and the co-operative miners in Bolivia. The artisanal miners are being helped by mining engineers to wean them off the use of mercury to separate the gold and introduce a benign type of cyanide to reduce pollution and make the gold they produce more acceptable to the buyers, as an example. They need to form organizations to market their gold and defend their interests. The co-operative miners in Bolivia already have economic assiste eance from the government of Evo Morales such as reduced taxes to help them contribute more to the economy.

You might be interested in

Which of the following is not effect of increased globalization

yaroslaw [1]

When Pangaea split up, what happened to the western edge of the North American continent?

3 0

2 years ago

Read 2 more answers

In 2013, 79% of children born in the Western Pacific region received a dose of hepatitis B vaccine. In one African region, only

storchak [24]

The correct option is C where the western pacific and African regions will have the same number of cases of hepatitis in 2013,

<h3>What is Hepatitis?</h3>

Hepatitis is a viral infection or liver damage caused by drinking alcohol there are five types of Hepatitis A B C D E respectively.

Thus, 79% of children born in Western Pacific and African regions will have the same number of cases of hepatitis.

Learn more about Hepatitis here:

brainly.com/question/14326521

#SPJ1

4 0

1 year ago

why is international trade a bigger part of the Netherlands economy than it is for the United States

jasenka [17]

Answer:

Because the Netherlands depends mostly on Foreign Trade's than the US.

Explanation:

The US is a major "home" producer, and can maintain itself semi-well without foreign trading. The US still benefits from International trading though.

Since the Netherlands isn't as nutrient rich as the US, it has to depend mostly on foreign trading.

6 0

3 years ago

How temperature affects sea currents

baherus [9]

Differences in water density, resulting from the variability of water temperature (thermo) and salinity (haline), also cause ocean currents. This process is known as thermohaline circulation. In cold regions, such as the North Atlantic Ocean, ocean water loses heat to the atmosphere and becomes cold and dense.

6 0

2 years ago

Read 2 more answers

Which statements accurately describe East Asian import practices? Choose all answers that are correct.

krek1111 [17]

The correct answers are:

A. China imports oil and natural gas because it cannot meet demands with its own supplies;

China is country that has an ever growing economy, and that means that the demand for natural resources is also growing constantly. Because China doesn't have enough oil and natural gas, it imports huge quantities of it, mainly from Russia, in order to satisfy the demand.

C. Taiwan imports wood products because many of its forests are protected lands;

Taiwan is a relatively small island. It has a very large population though, which over the years meant that big portion of the forests were destroyed, and the wood reserves became very limited. Also, the forests were all protected sot hat they are not destroyed. Because of this, Taiwan is importing wood products on a large scale from the other countries, mostly from the nations of Southeast Asia.

6 0

3 years ago