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What are the two advantages and two disadvantages of the informal economy?

1 Answer

2 votes

Answer:

Little or no job security.

Unprotected by labour laws.

Odd working hours.

No pension, insurance or health insurance scheme.

Summary dismissals.

Difficult to make any savings due to low wages.

A brief illness or injury or injury can mean no financial means to survive.

Step-by-step explanation:

User Andreas Brinck
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