What is the role of informal sector in your country?
- Creation of employment opportunities
- Reduction of foreign exchange outflow
- Production of affordable goods
- Produce for local market
- Provides skill development as it encourages training of labour market
- Development of entrepreneurship skills
- Contributes revenue through taxation
- Promotes technological advancement
- Enhances fair distribution of income
- Widens consumer’s choice by increasing variety ofproducts.
CATEGORIES Economics
TAGS Dr. Bbosa Science
