What are the disadvantages of informal economy, Business Economics

Assignment Help:

What are the disadvantages of informal economy?

Disadvantages of the informal sector are as illustrated below:

• don’t pay direct taxes;

• Can produce important pollution and

• Pay scant about health and safety matters.


Related Discussions:- What are the disadvantages of informal economy

General and specific training, QUESTION 1 (a) Suppose the government de...

QUESTION 1 (a) Suppose the government decides to implement a minimum wage to help low-income workers. How will the minimum wage affect the demand for labor and what does this i

Is the impact of globalisation a problem, Is the impact of globalisation a ...

Is the impact of globalisation a problem? Globalisation consider as to the increasing integration of national economies into terms of financial flows, trade, concepts, informa

Differentiate essential and adequate condition for growth, What is the diff...

What is the difference between an essential and adequate condition for growth? Essential and adequate conditions are helpful analytical and evaluative elements. As like exampl

Discounting principle, Explain the discounting principle. Using the discoun...

Explain the discounting principle. Using the discounting principle calculate the present value of an annuity of five years at Rs. 500 payments made at the end of each of the next f

Potential benefits and drawbacks by adding employees to team, Your project ...

Your project is behind schedule and you are seeing adding extra employees to the team. What would be the potential benefits and drawbacks of this approach? Given that the slipp

How can the savings gap be plugged, How can the savings gap be plugged? ...

How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through

What are the restrictions of lewis, What are the restrictions of Lewis? ...

What are the restrictions of Lewis? The restrictions of Lewis: • Assumes complete employment in urban regions. Evidence recommend otherwise • Raised profits may be inves

What is meant by the factor endowment theory, Question 1: a) Explain, ...

Question 1: a) Explain, with the use of examples, what is meant by the ‘Factor Endowment Theory'. b) According to you, can the ‘Factor Endowment Theory' be a reasonable e

Curse embodied, a)      What is the curse embodied in the standard producti...

a)      What is the curse embodied in the standard production function? How does technological advance permit  an economy to avoid this curse? b )    In what significant way doe

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd