Asked by junior

In the formal sector of an economy, labor is __________.
A.
based heavily on services
B.
frequently done on a cash-only basis
C.
regulated by law and industry standards
D.
based on traditional values

Please select the best answer from the choices provided.

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
C

The formal sector is characterized by legally recognized businesses and employment that follow laws, regulations, taxes, and industry standards.