The Formal economy sector is supported by the informal economic sectors. In Trinidada and in many other developing countries high population growth rates and migration from rural to urban areas have increased informal economies. According to Potter and LLoyd 1998, there are 4 types of informal sub-sectors namely; subsistence,capitatlists, criminal and small-scale producers which is the focus of this picture. the picture identifies a civilian on the streets in port of spain partaking in the informal sector by selling cds on the side of the street. the characteristics of the informal sector include: ease if entry, limited to no skills needed, and unregulated market, irregualur hours and pay, and it is small scale. the informal sector benefits a number of people especially poor persons as it provides them with goods and servces at an affordable price.


