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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.
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Developing countries are more vulnerable to natural disasters because people live in areas at high risk from natural disasters (e.g., unsafe urban areas), the housing is poorly built and can be easily damaged in the event of a disaster, countries are not equipped with early warning systems, and they have few assets and ...
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Particularly distinctive of the climate are sclerophyll shrublands, called maquis in the Mediterranean Basin, chaparral in California, matorral in Chile, fynbos in South Africa, and mallee and kwongan shrublands in Australia
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