All economic measures fail to capture the fact that 1/3 of the worlds population work in the informal sector. This is an economy that is unregulated and widespread. If it was a country, the informal economy would be the third largest economy in the world.
The lesson challenges students to assess the positives and negatives of the informal economy.
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Perfect! Covers the iGCSE Edexcel unit 4.5 very well. Many thanks.
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