Economics · Economy
What is a primary reason why many rural-to-urban migrants enter informal occupations in developing cities?
- 1Informal employment automatically provides institutional social security benefits
- 2Formal sector occupations consistently offer much lower wages
- 3They strictly prefer flexible working hours over stability
- 4They often lack formal qualifications or skills required for formal employment✓
Correct answer
They often lack formal qualifications or skills required for formal employment
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