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Question
Street vending is part of the ___________ sector.
Street vending is part of the ___________ sector.
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Solution
The correct option is C informal
Street vending is a legitimate means for a livelihood. It involves individuals being self-employed and putting in many hours of work and effort into serving customers through the provision of various goods or services. Despite this, such vendors remain a part of the informal sector given that their income is not taxed by the government.
Street vending is a legitimate means for a livelihood. It involves individuals being self-employed and putting in many hours of work and effort into serving customers through the provision of various goods or services. Despite this, such vendors remain a part of the informal sector given that their income is not taxed by the government.
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