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Define open unemployment. - Economics

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Question

Define open unemployment.

Definition
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Solution 1

In open unemployment, unemployed persons are identified as they remain without work. This type of unemployment is found among agricultural labourers, rural artisans, and literate persons.

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Solution 2

Open unemployment refers to a situation where a large labour force does not get employment opportunities that may yield regular income.

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Chapter 10: Rural Economy - Model Questions - Part B [Page 223]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 10 Rural Economy
Model Questions - Part B | Q 24 | Page 223
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 11 Problem of Unemployment in India
QUESTION BANK | Q 4. | Page 183
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