Advertisements
Advertisements
Question
“In rural areas of India more members of a family are engaged on work, yet the gross income of the family is generally low.”
Identify the type of unemployment indicated in the above statement and explain the paradox associated with it.
Advertisements
Solution
Identified unemployment is the type of unemployment addressed in the provided statement. Yes, there is a paradox in that more people work in rural India, but the average family's gross income is low. Because of the following:
- Huge population: Families in rural locations have a significant number of members. As a result, they will be unable to teach everyone. As a result, rather than sitting idle, they choose to send all members to their farms. However, employing workers who are not needed does not increase farm output.
- Limited knowledge of employment Opportunities: People in rural areas are typically unaware of alternative employment alternatives outside farming. As a result, their revenue is modest.
- Poverty: Poor people lack the resources to engage in other small companies. As a result, they are obliged to live within their means. As a result, their income stays modest.
RELATED QUESTIONS
Unemployment is reduced due to the measures were taken by the government. State its economic value in the context of production possibilities frontier.
What is likely to be the impact of efforts towards reducing unemployment on the production potential of the economy? Explain
Explain the meaning of under-employment equilibrium. Explain two measures by which full-employment equilibrium can be reached.
Victor is able to get work only for two hours in a day. Rest of the day, he is looking for work. Is he unemployed? Why? What kind of jobs could persons like Victor be doing?
The unemployment rate for ____________ are found to be higher than for ____________.
Labour force refers to:
When a labour does not get employment opportunity despite his willingness to work at the existing wage rate.
Unemployment is the result of:
Most of the disguised unemployed persons in India are found in:
Why did the government shift its strategy from long term to short term programs to remove unemployment?
______ approach to measuring unemployment uses a reference period of 365 days.
______ approach to measuring unemployment uses seven days preceding the date of the survey as the reference period.
Assertion (A): Unemployment and poverty are inseparable twins.
Reason(R): Unemployment is the root cause of all socio-economic evils
'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.
Why does underemployment commonly occur among educated youth in Indian cities?
