Which of the following statements is NOT true about the informal sector?

Choose the correct answer

Explanation

Statements A, B, and D correctly describe characteristics of the informal sector, such as limited use of machinery, small-scale enterprises, and family labor. However, statement C is incorrect because the informal sector is generally labor-intensive rather than capital-intensive.

Which of the following statements is NOT true about … — Characteristics and Institutions of Developing Countries | PakQuizHub