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Economic Development - life sciences

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Parcourir Economic Development Parcourir le domaine Informal TradeouExplorer tous les domaines

55 questions

Jul 7, 2025

Types de questions :

Réponse courte

Question 1

What is referred to as informal trade?

Réponse

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

Question 2

Who typically engages in informal trade?

Réponse

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

Question 3

What type of transactions does informal trade involve?

Réponse

Cash-based, decentralized transactions.

Question 4

What is a common characteristic of informal trade?

Réponse

It flourishes in settings with high bureaucratic hurdles.

Question 5

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

Réponse

Access to reasonably priced goods.

Question 6

How do informal vendors typically conduct their business?

Réponse

Through word-of-mouth and personal networks.

Question 7

Where does informal trade thrive most prominently?

Réponse

In developing regions with limited formal job opportunities.

Question 8

What areas are known for high levels of informal trade?

Réponse

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

Question 9

What does informal trade offer to struggling families?

Réponse

Vital income when formal jobs are unavailable.

Question 10

What can be done to support informal trade?

Réponse

Combining legal recognition with targeted support.

Question 11

What is one suggestion for governments regarding street vendors?

Réponse

Decriminalizing street vending.

Question 12

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

Réponse

Creating designated vending zones.

Question 13

What is a challenge faced by informal traders?

Réponse

Competing with others selling the same products.

Question 14

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

Réponse

Competing with people who sell the same products.

Question 15

What is the best thing about being a vendor?

Réponse

Not having to pay rent for the place used.

Question 16

How does a vendor prepare for bad weather?

Réponse

By bringing a rain tarp to cover their stand.

Question 17

What is the vendor's dream for the future?

Réponse

To get enough money to start a proper business.

Question 18

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

Réponse

They are flexible and may adjust to changes in demand.

Question 19

How do informal traders typically procure goods?

Réponse

From informal wholesalers, local suppliers, or homemade production.

Question 20

What is a common method of negotiation in informal trade?

Réponse

Prices are frequently negotiated on the fly.

Question 21

What type of items may informal trade involve?

Réponse

Illegal or untaxed items.

Question 22

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

Réponse

It acts as a barrier between survival and destitution.

Question 23

What is a potential benefit of supporting informal trade?

Réponse

It can become a stepping stone to inclusive economic growth.

Question 24

What can help ease transitions for informal traders?

Réponse

Offering social protections and microloans.

Question 25

What is a common issue caused by illegal street vendors?

Réponse

Obstructing sidewalks and shop entrances.

Question 26

What does the letter to the municipality address?

Réponse

The issue of illegal street vendors affecting local businesses.

Question 27

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

Réponse

Remove vendors operating without permits.

Question 28

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

Réponse

Weak institutions.

Question 29

What is the impact of informal trade on food security?

Réponse

It plays a crucial role in providing access to food.

Question 30

What is a challenge for informal traders in urban areas?

Réponse

Excessive bureaucracy.

Question 31

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

Réponse

Access to cheaper food, clothing, and services.

Question 32

What is the primary method of transaction in informal trade?

Réponse

Cash-based transactions.

Question 33

What is the significance of informal trade in local culture?

Réponse

It is deeply rooted in local culture.

Question 34

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

Réponse

Limited formal job opportunities.

Question 35

What does informal trade often lack?

Réponse

Legal recognition.

Question 36

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

Réponse

Linking traders to digital payment systems.

Question 37

What can be a result of suppressing informal trade?

Réponse

Destabilizing the communities that depend on it.

Question 38

What is the role of personal networks in informal trade?

Réponse

They facilitate transactions.

Question 39

What is a common location for informal trade?

Réponse

Outdoor marketplaces.

Question 40

What is the impact of informal trade on economic stability?

Réponse

It can harm the economic stability of registered businesses.

Question 41

What is a common issue faced by informal traders?

Réponse

Lack of legal protection.

Question 42

What is one of the dynamics of informal trade?

Réponse

Its role in livelihoods.

Question 43

What is a characteristic of transactions in informal trade?

Réponse

They are exempt from taxes and formal record-keeping.

Question 44

What can governments do to improve conditions for informal traders?

Réponse

Simplify registration processes.

Question 45

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

Réponse

Weak governance.

Question 46

What is the relationship between informal trade and formal economies?

Réponse

They intersect in various ways.

Question 47

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

Réponse

The dynamics of informal trade.

Question 48

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

Réponse

High levels of informal economic activity.

Question 49

What is a potential outcome of supporting informal trade?

Réponse

Transforming survival economies into sustainable livelihoods.

Question 50

What is a common issue in areas with excessive bureaucracy?

Réponse

Limited opportunities for formal employment.

Question 51

What is a common complaint regarding illegal street vendors?

Réponse

They disrupt local businesses.

Question 52

What is a suggested method for addressing informal trade?

Réponse

Involving informal worker cooperatives in policymaking.

Question 53

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

Réponse

Economic instability.

Question 54

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

Réponse

Providing crucial income for neglected areas.

Question 55

What is the significance of the letter to the municipality?

Réponse

It highlights the urgent need for action against illegal vendors.

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