The Informal Sector Can Be a Significant Drag on the Economies

question 52

Multiple Choice

The informal sector can be a significant drag on the economies of developing countries because the firms in the informal sector

• A)produce goods and services no one wants.
• B)sell their goods and services to citizens in other countries.
• C)do not pay taxes to the government.
• D)employ illegal immigrants from other countries.

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Definitions:

Karen Horney

A German psychoanalyst known for her theories in neurosis, personality, and psychoanalytic social theory.

Human Mind

The totality of cognitive processes and structures associated with thinking, perception, consciousness, and emotions in humans.

Beneath Consciousness

Refers to thoughts or processes that occur without conscious awareness, influencing behaviors and perceptions.

Iceberg

A large mass of ice floating in the sea that has broken off from a glacier or ice shelf.