The part of the urban economy of LDCs characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?

A. Informal sector

B. Informal finance

C. Formal sector

D. Formal finance

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.