A large component of survival in countries with low per capita GNP is _______________
A) foreign aid.
B) the sale of resources.
C) the informal economy.
D) tourism.

Question

Quizplus · Accepted Answer

The informal economy, which includes unregulated and unregistered economic activity such as street vending and small-scale farming, is a significant component of survival in countries with low per capita GNP. Many individuals in these countries rely on this type of work to make ends meet and provide for their families. While foreign aid, the sale of resources, and tourism may also contribute to economic growth, they are not as pervasive as the informal economy in low-income countries.

A Large Component of Survival in Countries with Low Per