15. What are the two types of unemployment found in rural areas? How does unemployment affect the overall growth of an economy? Explain by giving four points.
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The two types of unemployments in rural areas are seasonal and disguised unemployment.
Seasonal unemployment is a situation caused by lack of work during agricultural off season.
Disguised unemployment is an invisible form of unemployment whereby more people are engaged in a work than is required. This leads to under utilisation of resources.
The following are the impacts of unemployment in an economy:
Under utilisation of resources
Loss of human capital
Increase in dependents on social security, thus putting a strain on society
Implementation of policies to protect workers from external competition
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