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Question
An establishment with four hired workers is known as ___ ___ ___ ___ ___ sector establishment. (formal/informal)
An establishment with four hired workers is known as
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Solution
An establishment with four hired workers is known as the informal sector establishment.
All the public sector establishments and those private sector establishments which employ 10 or more hired workers are called formal sector establishments; all other enterprises fall under the informal sector.
An establishment with four hired workers is known as the informal sector establishment.
All the public sector establishments and those private sector establishments which employ 10 or more hired workers are called formal sector establishments; all other enterprises fall under the informal sector.
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