What is Latin America's "informal sector," and how does it serve as a barometer for its economy? In your discussion please provide examples of activities in this sector, the sector's size, and the advantages and disadvantages of working in it.
What will be an ideal response?
The informal sector includes jobs like shining shoes, working as a day laborer in construction, or selling items from a portable stand. No one is really sure how many people work in the informal sector because it is a cash only business with little record keeping. Advantages: flexible hours, children can work with parents, and there are no bosses. Disadvantages: no guarantee of income, no benefits, often at the mercy of criminal organizations attempting to regulate (and profit from the informal sector.
You might also like to view...
From a 20-m elevation, a baseball player throws a ball horizontally that lands 50 m downrange. What is the pitching speed?
A. 20 m/s B. 25 m/s C. 10 m/s D. not enough information.
How would you describe the impact of the Mongols and the Soviet Union on the history and development of Central Asia?
What would be an ideal response?
The United States had 576 metropolitan statistical areas in 2009, for the most part found around southern and western communities previously considered rural in character
Indicate whether the statement is true or false.
What moves the water evaporated from the ocean's surface?
A) Precipitation B) Weather C) Climate D) Wind