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Summary Informal Sector Geography 12 IEB

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This note pack is a complete summary with diagrams. It summarises all the content for Topic 5 : Economic of South Africa Introduction. Chapter 6 : Informal Sector in the Focus Geography Grade 12 Learners Book.

Institution
12th Grade








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Summarized whole book?
No
Which chapters are summarized?
Topic 5 : economic of south africa introduction. chapter 6 : informal sector
Uploaded on
June 8, 2022
File latest updated on
July 30, 2022
Number of pages
3
Written in
2021/2022
Type
Summary

Subjects

  • informal sector

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Informal Sector

Concept & Characteristics
Key words:
● Informal Sector - types employment where people find work for themselves




What is life like for people in the informal sector?
● Self-employed
● Family members involved
● Wages uncertain & working hours usually long
● Involved selling goods at roadside or small stalls
● Domestic work
● Capital use low - usually buy small amounts of cheap raw materials or below-standard goods
● Profit margins small because income per hour low

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