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What Are the Differences Between the Formal and Informal Sectors

question 5

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What are the differences between the formal and informal sectors in industrialized society and what are some examples of work in each?


Definitions:

Dictionary of Occupational Titles

A comprehensive guide, originally published by the United States Department of Labor, detailing job descriptions and requirements for various occupations.

Holland Codes

A theory of career and vocational choice based upon personality types, where occupations are classified into six broad categories to match individual preferences and strengths.

Occupational Information

Data and details about different professions or careers, including job duties, employment outlook, educational requirements, and salary ranges.

Bureau of Labor Statistics

A U.S. government agency responsible for measuring labor market activity, working conditions, and price changes in the economy.

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