Lagos case study Flashcards

(15 cards)

1
Q

Social Opportunities of the informal market

A
  • more united and friendly workforce
  • large group of people can help you
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2
Q

Economic opportunity of the informal market

A
  • less tax or no tax
  • work is flexible and can happen anywhere
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3
Q

Social opportunities of formal economies

A
  • better healthcare
  • better education
  • pay comes in steadily
  • work doesn’t change
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4
Q

Economic challenges of informal economy

A
  • unsafe living conditions
  • low pay and risk in money due to competition
  • pay is unstable
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5
Q

Social challenges of informal economy

A
  • prone to stealing
  • untrust within the department
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6
Q

Economic challenges of the formal economy

A
  • taxes
  • large difference between rich and poor
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7
Q

Social challenges of the formal economy

A
  • open to discrimination
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8
Q

Case study example of informal markets

A

Eko and Oyingbo markets attract 1000s of customers

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9
Q

Eko Atlantic

A
  • New homes for 300,000 people
  • privately funded so taxpayer money can go elsewhere
  • makes space for social opportunity and quality of life
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10
Q

Water supply and electricity

A
  • unreliable
  • expensive and sparse
  • power cuts very frequently
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11
Q

Problems with hygiene

A
  • many people collect scrap for work and get sick
  • poor hygiene and few communal toilets
  • clean water pipes are turned 2 hrs
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12
Q

Lagos healthcare compared to all of nigeria

A
  • viewed as a safe haven with lots of hospitals and much better healthcare
  • higher life expectancy and more experienced doctors
  • more hospitals increasing job opportunities
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13
Q

Transport example

A
  • has a new transit system that runs from the north to the south by 200k ppl/day
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14
Q

Transport opportunities

A
  • opens up job opportunities
  • ease to travel and get money using transits
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15
Q

Transport challenges

A
  • huge traffic jams from poor infrastructure
  • road congestion makes it difficult to travel
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