Marketing in the Informal Sector

Subdecks (4)

Cards (25)

  • People in the informal sector do not own registered businesses and they are not registered for tax
  • Informal businesses are not recorded by Central Statistics Services
  • The informal sector is also known as the seconding economy
  • It is impossible to know to what extent the informal sector contributes towards national income
  • The informal sector is mainly a cash industry
  • The operators in the informal sector perform in the primary, secondary and tertiary sector of the economy