1. Reason for the Growth of Informal Economies
... employment (Garcia, Kelly 1985). For the employees who are faced with economic uncertainties informal ventures are a better choice than poverty. The potential growth for manufacturers to use home based social networks, create a niche market of potential customers. These business ventures that rely on the informal organisation of social networks and production of goods and services ... in the formal economy. Have created a market of "interactive distribution". Network marketing or interactive distribution creates home-based enterprises with access to multiple manufacturers who deal direct...
- Word Count: 1658
- Approx Pages: 7
- Grade Level: High School