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Identify and explain the concept from the given illustration: Hussain Shaikh employed seven workers less than the usual number of workers on his farm, in spite of this, output remained the same. - Economics

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One Line Answer

Identify and explain the concept from the given illustration:

Hussain Shaikh employed seven workers less than the usual number of workers on his farm, in spite of this, output remained the same.

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Solution

  1. Identified concept: Disguised unemployment.
  2. Explanation of concept: Disguised unemployment is a type of rural unemployment in Which surplus manpower has zero marginal productivity.
Concept: Types of Unemployment
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APPEARS IN

Balbharati Economics 11th Standard HSC Maharashtra State Board
Chapter 7 Unemployment in India
Exercise Q.2 | Q 1 | Page 49
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