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 Economy
Famous quotes containing the word poverty:
“Humility like darkness reveals the heavenly lights. The shadows of poverty and meanness gather around us, “and lo! creation widens to our view.””
—Henry David Thoreau (1817–1862)
“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)
“For all of them have contributed out of their abundance; but she out of her poverty has put in everything she had, all she had to live on.”
—Bible: New Testament, Mark 12:44.
Jesus watching the widow contribute her two mites.