Informal Sector and Government Regulations
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Questions and Answers

Why do individuals in the informal sector lack the requirements and licenses from the government?

Because they fail to register.

Why do individuals in the informal sector tend to disregard government regulations and policies?

Because they fail to register.

Why are individuals in the informal sector not taxed on their income and real properties?

Because they are not supervised by the government.

Why is the informal sector often referred to as the shadow economy by economists?

<p>Because it exists behind state supervision.</p> Signup and view all the answers

How does the lack of supervision in the informal sector impact the workers and customers?

<p>Their workers and customers are not protected.</p> Signup and view all the answers

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