What is the informal economy?
A) export-oriented jobs
B) factory jobs that are geared for domestic consumption
C) government-sector jobs that are secure employment
D) jobs that are created when foreigners invest in the developing world
E) variety of jobs that tend to be low-paying, like day laborers

Question

Quizplus · Accepted Answer

The informal economy refers to a variety of jobs that are typically low-paying and not regulated by the government, such as street vendors, day laborers, and other types of informal jobs. These workers often do not have access to benefits or legal protections that are typically offered in formal employment sectors.

What Is the Informal Economy