Explain how the urban explosion contributes to the growth of the informal economy in developing countries. What is the role of the informal economy in cities of the developing world. Does it still play an important role in cities of the developed world, such as the US?

Although china’s total economic output, measured by gross domestic product (gdp), is third largest in the world, it is considered a developing nation. what is most likely the most important factor for this designation? a. china’s government spends money on things that do not benefit human development. b. china has a large population, so its gdp per person is only modest. c. china has a strong economy but weak literacy and school attendance rates. d. china’s high rates of disease offset the country's economic gains.