Answer:
- Most street vendors provide the main source of income for their households, bringing food to their families and paying school fees for their children.
- These informal workers have strong linkages to the formal economy. Workers said they source the goods they sell from formal enterprises. Many customers work in formal jobs.
- Many vendors try to keep the streets clean and safe for their customers and provide them with friendly personal service.
- Street vendors create jobs, not only for themselves but for porters, security guards, transport operators, storage providers, and others.
- Many generate revenue for cities through payments for licenses and permits, fees and fines, and certain kinds of taxes.
Explanation:
Despite their contributions, street vendors face many challenges, are often overlooked as economic agents and unlike other businesses, are often hurt rather than helped by municipal policies and practices.
