Advantages of dual economy
- government is awakened to its responsibility of providing utilities for the less developed regions
- government revenue through progressive taxes
- it provides impetus for research and planning to identify ways and means of development of economy
- it fosters mobility from traditional to modern sector
- it promotes diversification due to existence of firms in both formal and informal sector of economy
- increase employment both in formal and informal sector
CATEGORIES Economics
TAGS Dr. Bbosa Science
