+The **informal economy** encompasses economic activities that are neither taxed nor regulated by the state. It often involves unrecorded labor and cash transactions, existing outside formal frameworks. This sector provides livelihoods for many, particularly in [Developing Nations](/wiki/developing_nations), but frequently lacks [Social Protection](/wiki/social_protection) for its workers.
+## See also
+- [Black Market](/wiki/black_market)
+- [Underground Economy](/wiki/underground_economy)
+- [Labor Market](/wiki/labor_market)
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