Informal Economy
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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.
Concept Map
Key Terms
- Productive Structure
- Economic Structure
- Communication Structure
- Administrative Structure
- Educational Structure
Economy >
Related LP Terms
Non-LP Related Terms
Notes
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