The informal sector or informal economy is that part of an economy that is not taxed, monitored by any form of government or included in any gross national product (GNP), unlike the formal economy.
for me informal sector is the undeveloped economic with low education of people
differences between the bookkeeping systems of informal and formal sectors
It is a mixed economy of care from the different sectors ie informal, private etc...
Formal sectors is when one has a job that they get paid regularly for eg. monthly (long term job). You often get paid more than informal sectors. An informal sector is not a set job that you get paid for regularly but rather a job that you will only get paid per a day or hour (short term job that is not really relyable). You get paid less.
There is no record of their salary. They use the money for their own needs and don't tell the government about it.
The active leisure and learning sectors encompass a diverse range of activities, including sports, fitness, arts, and educational programs, catering to various demographics. Globally, these sectors are significant in economic terms, contributing billions in revenue and employment opportunities. The scope includes both formal organizations, such as schools and fitness centers, and informal community-based activities. With growing awareness of health and wellness, both sectors are expanding, driven by increasing participation rates and a focus on lifelong learning.
how many sectors in bse
A group of sectors is called a block.
9 sectors
What is the importance of MIS in banking sectors?"
A group of sectors is known as a cluster.
17 sectors