Squatter settlements are residential areas where dwellings are built on land that the occupants have no legal claim to, or occupy illegally.
Imagine going to an amusement park and setting up your own food stall without permission. That's what squatter settlements are like - people building homes on land they don't legally own.
Informal Economy: The informal economy comprises businesses and economic activities that occur outside government regulation. It's like selling lemonade from your front yard without any business license.
Slum: A slum is heavily populated urban area characterized by substandard housing and squalor. It's akin to the most rundown, neglected part of town where buildings are falling apart and conditions are poor.
Land Tenure: Land tenure refers to the way land is owned or occupied. If you think about it as if it were school property, some students (landowners) have their own lockers (private property), while others share (communal property).
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