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:
“There is but one love of Jesus, as there is but one person in the poor—Jesus. We take vows of chastity to love Christ with undivided love; to be able to love him with undivided love we take a vow of poverty which frees us from all material possessions, and with that freedom we can love him with undivided love, and from this vow of undivided love we surrender ourselves totally to him in the person who takes his place.”
—Mother Teresa (b. 1910)
“It is the women of Europe who pay the price while war rages, and it will be the women who will pay again when war has run its bloody course and Europe sinks down into the slough of poverty like a harried beast too spent to wage the fight. It will be the sonless mothers who will bend their shoulders to the plough and wield in age-palsied hands the reaphook.”
—Kate Richards O’Hare (1877–1948)
“The common argument that crime is caused by poverty is a kind of slander on the poor.”
—H.L. (Henry Lewis)