California<span /> was known for their beet sugar also.
Effectiveness of Gambling: It creates hope within an individual that they can win by doing something, Someone will win a big bang of bucks even though that is usually the minority, it can help a person go from poverty to wealth
Ineffectiveness: Many people have false hope, causes addiction to gambling so people never gain wealth but instead develop a habit of wasting money
Effectiveness of informal trading: more freedom for trading money for goods because seller can negotiate as they want , an informal trader doesn't have to provide for any employees in drastic lengths, informal traders can relocate easily because they dont do business in government owned buildings
Ineffectiveness: informal traders can change prices whenever and all the time as they need it, informal traders can often lie or deceive more conveniently
for their business
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