What is a major difference between formal and informal economic sectors? A. the dress code required of workers B. whether jobs deal with raw materials or finished products C. government regulation and oversight D. whether or not the nation has a comparative advantage

C. government regulation and oversight              

Explanation:

Formal sector of the economy are those economic sectors whose activities are under the watchful eyes of the government and are subject to taxation and government regulations. On the contrary, the informal sector are usually what are called under the table deals, they are not taxed, not under government regulations and do not contribute to the GDP of a country e.g. hawkers, artisans, vendors.

C

Explanation:

government regulation and oversight

Formal sector of the economy are those economic sectors whose activities are monitored by forms of the government and are subject to taxation and government regulations. While the informal sector part of an economy that is neither taxed nor monitored by any form of the government, they are usually what are called under the table deals, they do not contribute to the GDP of a country e.g. hawkers, artisans, vendors small veranda (khondes) businesses and cross border traders.

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