Page 505 15.3. How Does Urbanization Affect Life across the Globe? Identify the true and false statements about the informal economy. True Statement(s) Workplace conditions in the informal economy are not regulated. Press Space to open Governments do not collect taxes from work performed in the informal economy. Press Space to open Informal economy opportunities are available in the Global South, but not other regions of the world. Press Space to open The informal economy is less productive than the formal economy. Press Space to open False Statement(s)