Informal Economy: Difference between revisions
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The '''Informal Economy''' is that part of the economy where exchange of [[Labour]] (i.e., [[Economic Exchange]] is not [[Monetized Economy|monetized]], and where [[barter]] is the primary form of exchange. Contrast the informal economy with the [[Official Economy|official]] (or formal) economy and the [[Underground Economy|underground economy]]. | The '''Informal Economy''' is that part of the economy where exchange of [[Labour]] (i.e., [[Economic Exchange]] is not [[Monetized Economy|monetized]], and where [[barter]] is the primary form of exchange. Contrast the informal economy with the [[Official Economy|official]] (or formal) economy and the [[Underground Economy|underground economy]]. | ||
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==EconomicTypes== | |||
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==Related LP Terms== | ==Related LP Terms== | ||
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Latest revision as of 21:45, 22 December 2022
The Informal Economy is that part of the economy where exchange of Labour (i.e., Economic Exchange is not monetized, and where barter is the primary form of exchange. Contrast the informal economy with the official (or formal) economy and the underground economy.
EconomicTypes
5 {{ask:Economic Type}}
Related LP Terms
Informal Economy > Regime of Accumulation
Non-LP Related Terms
Informal Economy > Official Economy, Underground Economy
Notes
Footnotes