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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Latest revision as of 21:45, 22 December 2022
Informal Economy
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
Non-LP Related Terms
Notes
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