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Economic Development - life sciences

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55 Fragen
Jul 7, 2025
Fragetypen:
Kurzantwort

Frage 1

What is referred to as informal trade?

Antwort

The exchange of goods and services outside of official regulatory frameworks.

Frage 2

Who typically engages in informal trade?

Antwort

Unregistered enterprises, street sellers, and small-scale dealers.

Frage 3

What type of transactions does informal trade involve?

Antwort

Cash-based, decentralized transactions.

Frage 4

What is a common characteristic of informal trade?

Antwort

It flourishes in settings with high bureaucratic hurdles.

Frage 5

What do informal trade markets provide to low-income consumers?

Antwort

Access to reasonably priced goods.

Frage 6

How do informal vendors typically conduct their business?

Antwort

Through word-of-mouth and personal networks.

Frage 7

Where does informal trade thrive most prominently?

Antwort

In developing regions with limited formal job opportunities.

Frage 8

What areas are known for high levels of informal trade?

Antwort

Urban slums, border zones, and traditional open-air markets.

Frage 9

What does informal trade offer to struggling families?

Antwort

Vital income when formal jobs are unavailable.

Frage 10

What can be done to support informal trade?

Antwort

Combining legal recognition with targeted support.

Frage 11

What is one suggestion for governments regarding street vendors?

Antwort

Decriminalizing street vending.

Frage 12

What can help bridge gaps between formality and flexibility in trade?

Antwort

Creating designated vending zones.

Frage 13

What is a challenge faced by informal traders?

Antwort

Competing with others selling the same products.

Frage 14

What is the hardest part of being a vendor according to a questionnaire response?

Antwort

Competing with people who sell the same products.

Frage 15

What is the best thing about being a vendor?

Antwort

Not having to pay rent for the place used.

Frage 16

How does a vendor prepare for bad weather?

Antwort

By bringing a rain tarp to cover their stand.

Frage 17

What is the vendor's dream for the future?

Antwort

To get enough money to start a proper business.

Frage 18

What is a characteristic of the supply chains in informal trade?

Antwort

They are flexible and may adjust to changes in demand.

Frage 19

How do informal traders typically procure goods?

Antwort

From informal wholesalers, local suppliers, or homemade production.

Frage 20

What is a common method of negotiation in informal trade?

Antwort

Prices are frequently negotiated on the fly.

Frage 21

What type of items may informal trade involve?

Antwort

Illegal or untaxed items.

Frage 22

What is one of the roles of informal trade in communities?

Antwort

It acts as a barrier between survival and destitution.

Frage 23

What is a potential benefit of supporting informal trade?

Antwort

It can become a stepping stone to inclusive economic growth.

Frage 24

What can help ease transitions for informal traders?

Antwort

Offering social protections and microloans.

Frage 25

What is a common issue caused by illegal street vendors?

Antwort

Obstructing sidewalks and shop entrances.

Frage 26

What does the letter to the municipality address?

Antwort

The issue of illegal street vendors affecting local businesses.

Frage 27

What is one suggested action in the letter to the municipality?

Antwort

Remove vendors operating without permits.

Frage 28

What is a common feature of informal trade in fragile states?

Antwort

Weak institutions.

Frage 29

What is the impact of informal trade on food security?

Antwort

It plays a crucial role in providing access to food.

Frage 30

What is a challenge for informal traders in urban areas?

Antwort

Excessive bureaucracy.

Frage 31

What is a benefit of informal trade for low-income consumers?

Antwort

Access to cheaper food, clothing, and services.

Frage 32

What is the primary method of transaction in informal trade?

Antwort

Cash-based transactions.

Frage 33

What is the significance of informal trade in local culture?

Antwort

It is deeply rooted in local culture.

Frage 34

What is a common feature of informal trade in sub-Saharan Africa?

Antwort

Limited formal job opportunities.

Frage 35

What does informal trade often lack?

Antwort

Legal recognition.

Frage 36

What is one way to support informal traders mentioned in the text?

Antwort

Linking traders to digital payment systems.

Frage 37

What can be a result of suppressing informal trade?

Antwort

Destabilizing the communities that depend on it.

Frage 38

What is the role of personal networks in informal trade?

Antwort

They facilitate transactions.

Frage 39

What is a common location for informal trade?

Antwort

Outdoor marketplaces.

Frage 40

What is the impact of informal trade on economic stability?

Antwort

It can harm the economic stability of registered businesses.

Frage 41

What is a common issue faced by informal traders?

Antwort

Lack of legal protection.

Frage 42

What is one of the dynamics of informal trade?

Antwort

Its role in livelihoods.

Frage 43

What is a characteristic of transactions in informal trade?

Antwort

They are exempt from taxes and formal record-keeping.

Frage 44

What can governments do to improve conditions for informal traders?

Antwort

Simplify registration processes.

Frage 45

What is a challenge for informal trade in post-conflict areas?

Antwort

Weak governance.

Frage 46

What is the relationship between informal trade and formal economies?

Antwort

They intersect in various ways.

Frage 47

What is the primary focus of the discussion in the text?

Antwort

The dynamics of informal trade.

Frage 48

What is a common feature of informal trade in Latin America?

Antwort

High levels of informal economic activity.

Frage 49

What is a potential outcome of supporting informal trade?

Antwort

Transforming survival economies into sustainable livelihoods.

Frage 50

What is a common issue in areas with excessive bureaucracy?

Antwort

Limited opportunities for formal employment.

Frage 51

What is a common complaint regarding illegal street vendors?

Antwort

They disrupt local businesses.

Frage 52

What is a suggested method for addressing informal trade?

Antwort

Involving informal worker cooperatives in policymaking.

Frage 53

What is a common theme in the challenges of informal trade?

Antwort

Economic instability.

Frage 54

What is a significant aspect of informal trade's impact?

Antwort

Providing crucial income for neglected areas.

Frage 55

What is the significance of the letter to the municipality?

Antwort

It highlights the urgent need for action against illegal vendors.

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