causes and effect of unemployment
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Answered by
1
cause
1. over population
effect
2. decrease economy rate
1. over population
effect
2. decrease economy rate
Answered by
0
Effects of Unemployment, Direct and Indirect Practices to Deal with Unemployment
The first effect is the loss of a source of income, the loss of a way to make money is the cause of loss of money. When this happens whether or if the person was aware of it, when it finally hits home that they have no income they experience shock. In a situation where they knew the problems at work and the possibility of the loss of the job, it does not come as a surprise. They may have even been trying to look for another job in the process. A business man, who had a loan and was experiencing poor business, causing him to make late payments on the loan, may be expecting the loss of his business Twitter (2002). The sick patient, who finds out that they are terminally ill, is expecting the loss of the job. They experience shock after when the truth sinks in, and they realize that they no longer have a source of income.
The first effect is the loss of a source of income, the loss of a way to make money is the cause of loss of money. When this happens whether or if the person was aware of it, when it finally hits home that they have no income they experience shock. In a situation where they knew the problems at work and the possibility of the loss of the job, it does not come as a surprise. They may have even been trying to look for another job in the process. A business man, who had a loan and was experiencing poor business, causing him to make late payments on the loan, may be expecting the loss of his business Twitter (2002). The sick patient, who finds out that they are terminally ill, is expecting the loss of the job. They experience shock after when the truth sinks in, and they realize that they no longer have a source of income.
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