Informal Economy

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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