Explain the criticisms of moving from informality to formality as the solution to most of the developing world’s economic problems:
What will be an ideal response?
Formal businesses in LDCs often face high payroll taxes, a minimum wage, working hour minimums, rules about layoffs, environmental and safety standards and a host of other regulations that can be difficult for a poor business owner. A lack of skills, capital and low-cost supplies keep most small businesses in LDCs from being successful not informality.
You might also like to view...
What position has the Supreme Court taken concerning school funding?
a. Differences in state per pupil expenditures were unconstitutional under the 14th Amendment. b. Differences in state per pupil expenditures were allowable. c. The sales tax cannot be used for school funding. d. The property tax cannot be used for school funding.
In what two instances may the government regulate display or distribution of sexual materials?
a. Advertisements and television programs b. Child pornography and advertisements c. Child pornography and cost of publication d. Zoning of sexual entertainment and child pornography e. Zoning of sexual entertainment and cost of publication
The levels of partisanship and ideological homogeneity within each of the parties have declined in recent years.
Answer the following statement true (T) or false (F)
enumerated powers
What will be an ideal response?