Question 13 of 28beginner🧠 RememberFill in the Blanks1 mark
An establishment with four hired workers is known as _____ sector establishment.
(A)
formal
(B)
informal
Explanation
According to the textbook context, formal sector establishments are defined as 'all the public sector establishments and those private sector establishments which employ 10 hired workers or more.' Since the establishment in question has only four hired workers, which is less than 10, it falls under the informal sector. The text clearly states that 'All other enterprises and workers working in those enterprises form the informal sector.'