Informal sector

（重定向自Second economy）

Black market peddler on graffiti, Kharkiv

The informal sector, informal economy, or grey economy is the part of an economy that is neither taxed, nor monitored by any form of government. Unlike the formal economy, activities of the informal economy are not included in the gross national product (GNP) and gross domestic product (GDP) of a country. The informal sector can be described as a grey market in labour.

单词	Second economy
释义	Second economy 原声例句 CRI专家视线 People in the Know So, what does the re-establishment of this dialogue mechanism tell us about the relations between world's second and third largest economies in the near future? 因此这样的对话机制重新开启会为我们解读世界第二和第三大经济体之间在不久的将来怎样的关系? 英语百科 Informal sector （重定向自Second economy） The informal sector, informal economy, or grey economy is the part of an economy that is neither taxed, nor monitored by any form of government. Unlike the formal economy, activities of the informal economy are not included in the gross national product (GNP) and gross domestic product (GDP) of a country. The informal sector can be described as a grey market in labour.
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