1. Reason for the Growth of Informal Economies
... to informal organisations. By making use of informal distribution networks, industries eliminate the substantial cost of maintaining a permanent sales force (Portes, Sassen-Koob 19XX p. 38). Our capitalist thirst for profit has encouraged exploitation of minorities and underdeveloped countries such as Nike in China and sweatshops in Mexico. Individuals also have the opportunity to benefit in this volatile environment. Individuals ... bright future. Therefore it is my submission that due to the instability and inequality existing within the formal economy, informal businesses are an attra...
- Word Count: 1658
- Approx Pages: 7
- Grade Level: High School