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प्रश्न
What is likely to be the impact of efforts towards reducing unemployment on the production potential of the economy? Explain
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उत्तर
When an economy is producing below its potential level because of unemployment, it implies that the economy is not functioning on the PPC but below the PPC, i.e. Point P as shown in the below diagram. Given the resources and technology, along with the initiation of government schemes, the employment level will increase. Therefore, Point P will shift nearer to PPC.
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संबंधित प्रश्न
Unemployment is the result of:
Most of the disguised unemployed persons in India are found in:
Unemployed people is calculated as:
You are a factory owner and have given employment to 400 workers. If 10 workers are dismissed by you without loss of production then this situation will be described as ______
______ approach to measuring unemployment uses a reference period of 365 days.
______ approach to measuring unemployment seeks to ascertain the activity status of an individual for each day of the reference week.
'Ram is able to get work only for two hours in a day. Rest of the day, he is looking for work.' Is he unemployed? What kind of job could person like Ram be doing?
Complete the correlation:
______ : Disguised unemployment; Urban unemployment : Industrial unemployment
Which of the following is a social impact of unemployment?
Why does underemployment commonly occur among educated youth in Indian cities?
What is the defining characteristic of open unemployment?
In disguised unemployment, what is the impact on total output when extra workers are removed from employment?
According to the rural vs urban unemployment comparison, which type of unemployment is most common in rural areas?
Which sector is primarily associated with unemployment in urban areas?
How does unemployment contribute to mental health problems in affected individuals?
How do technological changes relate to the causes of unemployment?
What is the relationship between population growth and unemployment as identified in the causes?
