One of the economics' most famous doctrines education.

However, their modest means of

discusses demand and supply. Prices in a free income troubled several hurried pedestrians.
market are determined by their interaction. If
In Ormoc City, street vendors are regarded by
demand exceeds supply under certain
some pedestrians as “threats” to the city’s
circumstances, the immediate result is a
aesthetics and “nuisances” to the walkway
shortage, which drives prices higher. These
spaces of the city. Sidewalks in Ormoc City,
conditions encourage profit seekers to fill the
specifically in the Ormoc City Public Market,
void and supply the required goods, gradually
have lost their sense from the standpoint of the
correcting the market defect. Conversely, if
pedestrians. Apparently, sidewalks should be an
supply exceeds demand, a surplus exists and
entrance point for individuals who sought to
prices fall. These unseen market forces apply
save time and avoid road traffic by walking.
even in the workforce. If the supply of potential
Instead, the sidewalks were turned into a
workers increases while demand remains
makeshift market. Pedestrians are forced to walk
constant, otherwise regresses, massive
sideways across the short lane between seller
unemployment results.
stalls or walk on the road, exposing themselves
In the Philippines, the unemployment rate has to greater danger and adding to traffic
remained high because of rapid population congestion.
growth and increased labor force participation.
Despite being labeled as an inconvenience,
This phenomenon bounded people to join the
street vendors should be given significant
informal sector – a portion of a country's
support and actual intervention efforts that can
economy that is not recognized as a normal
promote their empowerment.
source of income. Recci pointed out that the
informal sector is critical to income generation,
job creation, and production (Recchi, 2020). The
informal sector, comprises among others,
pedicab and tricycle drivers, small construction
workers, street vendors, and market vendors.

Street vending is one of the most accessible ways

for the unemployed to earn money because it
necessitates little capital, no training, no license,
and, most importantly, the street becomes their
largest field. Additionally, street vending is a
necessary part of the public sphere as it
contributes to the economic vitality of the city.
According to Fletcher and Ahmed (2011), street
vending provides a significant amount of
employment, has a cascading effect on the local
economy (Flaming et al., 2015), Third, Ray and
Mishra (2011) stated that street vendors and
provides a low-cost, decentralized, and highly
efficient system of distributing daily products.

Through street vending, merchants can support

their families and pay for their children's