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What are the two advantages and two disadvantages of the informal economy?

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  1. 24 July, 17:43
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    Little or no job security.

    Unprotected by labour laws.

    Odd working hours.

    No pension, insurance or health insurance scheme.

    Summary dismissals.

    Difficult to make any savings due to low wages.

    A brief illness or injury or injury can mean no financial means to survive.
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