Karachi (Pakistan) has gone from a population of 1 million people in 1950 to 22 million people in 68 years. This can generate a dynamic informal economy, which involves:

Question

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The rapid population growth in Karachi has led to the formation of self-built neighborhoods with an informal market system that supports residents. This informal economy involves small-scale businesses, street vendors, and other informal activities that provide jobs and income for a large segment of the population. Foreign direct investments and government subsidies for housing developments may also contribute to economic growth, but they are not directly related to the informal economy. Increase of public transportation choices may improve mobility for residents, but may not necessarily lead to the growth of the informal economy.

Karachi (Pakistan) Has Gone from a Population of 1 Million