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Strike441 [17]
4 years ago
8

What is the informal economy?

Business
2 answers:
frez [133]4 years ago
8 0
The informal sector<span>, </span>informal economy<span>, or grey </span>economy<span> is the part of an </span>economy<span> that is neither taxed, nor monitored by any form of government. Unlike the formal </span>economy<span>, activities of the </span>informal economy<span> are not included in the gross national product (GNP) and gross domestic product (GDP) of a country.</span>
charle [14.2K]4 years ago
6 0
A part of an economy that is neither taxed, nor monitored by any form of government.

Something like that ^^
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