The majority of the total economic activity in the United States comes from an informal economy.

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The majority of the total economic activity in the United States comes from the formal economy, which is composed of businesses and industries that are regulated by the government and follow established laws and regulations. The informal economy, which includes activities such as under-the-table work and unreported income, is estimated to be a much smaller portion of the overall economy.

The Majority of the Total Economic Activity in the United