for me informal sector is the undeveloped economic
with low education of people
differences between the bookkeeping systems of informal and formal sectors
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.
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.
9 sectors
how many sectors in bse
A group of sectors is called a block.
What is the importance of MIS in banking sectors?"
17 sectors
Inputs which are directly and indirectly helpful in functioning of primary sectors are called primary sectors procurements. It may be materials, raw as well as processed materials, man made resources, natural feeding etc. Resources which are all used by the secondary sectors for the benefit of production of goods and services are termed as secondary sectors procurements. The output of primary sectors may be the procurements for the secondary sectors or from the another secondary sectors out put may be used, Services of tertiary sectors also the procurements for both the sectors.
I think that hospitality sectors work together such that when one aspect of the sectors fail then other sectors may not be too effective in booming the tourism of the country or place.