where can we see informal economies take place more often in the geographic landscape and why?

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01-06-2021
Geography

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where can we see informal economies take place more often in the geographic landscape and why?

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dhruvin9265086930 dhruvin9265086930 · Answer 1 · 2021-06-01T04:29:51-04:00

dhruvin9265086930 dhruvin9265086930

01-06-2021

Answer:

Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor[3][4] and has been expanding rapidly since the 1960s.[5] Integrating the informal economy into the formal sector is an important policy challenge.[3]

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