Question

Define the term unemployment and name the three types of unemployment prevalent in India.

Answer 1

Answer:

Unemployment isn't defined as a single factor. Instead, it's defined as having multiple components and multiple definitions. Three types of unemployment are most commonly referenced by economists when calculating the unemployment number - structural unemployment, cyclical unemployment, and frictional unemployment.

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Answer 2

Answer:

Unemployment isn't defined as a single factor. Instead, it's defined as having multiple components and multiple definitions. Three types of unemployment are most commonly referenced by economists when calculating the unemployment number - structural unemployment, cyclical unemployment, and frictional unemployment

Explanation:

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