Poverty
The relationship between the informal sectors and poverty certainly isn’t simple nor does a clear, causal relationship exist. An inverse relationship between an increased informal sector and slower economic growth has been observed though. Average incomes are substantially lower in the informal economy and there is a higher preponderance of impoverished employees working in the informal sector.
Read more about this topic: Informal Sector
Famous quotes containing the word poverty:
“The hour when you say, “What does my happiness matter? It is poverty and filth, and a wretched complacency. Yet my happiness should justify existence itself!””
—Friedrich Nietzsche (1844–1900)
“He who is not capable of enduring poverty is not capable of being free.”
—Victor Hugo (1802–1885)
“Almighty Father, forgive me for saying the words I did in anger, shaming him for his poverty and blaming him for mine. And for putting the idea in his head. Forgive him. Forgive him. He didn’t know what he was doing.”
—Dudley Nichols (1895–1960)