concept   informal economy
14 commonsense assertions
Cultures (14) • Brazil (1) • Western countries (1) • Canada (1) • India (1) • Indonesia (1) • Mexico (1) • Ghana (1) • Kenya (1) • Nigeria (1) • Norway (1) • Peru (1) • Philippines (1) • Switzerland (1) • Urban areas in developing countries (1)
# Concept Culture Statement Freq.
1 informal economy Brazil The informal economy is a common and essential part of many people's livelihoods in Brazil. 3
2 informal economy Western countries Western countries predominantly rely on the formal economy with minimal dependence on informal markets and businesses. 3
3 informal economy Canada In Canada, the informal economy is considered a problem to be reduced or eradicated. 2
4 informal economy India India's economy is significantly comprised of unregulated small-scale businesses in the informal economy. 2
5 informal economy Indonesia In Indonesia, the informal economy is seen as essential for both survival and entrepreneurship. 2
6 informal economy Mexico The informal economy plays a significant role in Mexico's economic activity. 2
7 informal economy Ghana The informal economy is seen as vital for survival and entrepreneurship in Ghanaian culture. 1
8 informal economy Kenya Kenya's informal economy plays a substantial role in the overall economy through small-scale and unregulated businesses. 1
9 informal economy Nigeria Nigeria's informal economy includes a significant portion of the workforce and economic activity. 1
10 informal economy Norway In Norway, the informal economy has a minimal presence due to strong social welfare programs. 1
11 informal economy Peru In Peru, the informal economy is common and essential for many people's livelihoods. 1
12 informal economy Philippines The informal economy in the Philippines is viewed as a response to limited formal job opportunities, as well as a source of resilience and innovation. 1
13 informal economy Switzerland The informal economy in Switzerland is viewed negatively as a form of tax evasion. 1
14 informal economy Urban areas in developing countries Urban areas in developing countries heavily rely on the informal economy for livelihoods through street vendors and unregistered small businesses. 1