Question

Q4: Identify and describe the common to formal and informal business. (2mrks) Q4 : Identify and describe the common to formal and informal business . ( 2mrks )​

Answer 1

The similarities between formal and informal sector are that both the sectors require the resources of capital and labor for the production of goods

Step-by-step explanation:

The formal and informal sectors work on certain methods that are based on norms, regulations and values for the process of manufacturing of goods