what is a major difference between formal and informal economic sectors? a. the dress code required of…

what is a major difference between formal and informal economic sectors? a. the dress code required of workers b. whether jobs deal with raw materials or finished products c. government regulation and oversight d. whether or not the nation has a comparative advantage please select the best answer from the choices provided.

what is a major difference between formal and informal economic sectors? a. the dress code required of workers b. whether jobs deal with raw materials or finished products c. government regulation and oversight d. whether or not the nation has a comparative advantage please select the best answer from the choices provided.

Answer

Brief Explanations:

The formal economic sector is subject to government regulations, taxes, and oversight, while the informal sector operates outside of such formal - regulatory frameworks. Dress code is not a defining difference. Both sectors can deal with raw materials or finished products. A nation's comparative advantage is not related to the distinction between formal and informal sectors.

Answer:

C. government regulation and oversight