kirabowen15
kirabowen15 kirabowen15
  • 18-03-2020
  • Business
contestada

Discuss two reasons why economies have an informal sector.​

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gloriac1417 gloriac1417
  • 18-03-2020
•limited absorption of labour, particularly in countries with high rates of
population or urbanisation.

•excessive cost and regulatory barriers of entry into the formal economy, often motivated by corruption.

•weak institutions, limiting education and training opportunities as well as infrastructure development.

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