Economics · Informal Employment
Which of the following best explains why informal employment remains dominant despite multiple employment generation schemes?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complete absence of credit access
- 2Over-regulation of rural enterprises
- 3Weak linkage between skill development and market demand✓
- 4Excessive labour market rigidity
Correct answer
Weak linkage between skill development and market demand
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