Diffrence between underemplument and disguised unempolyment
Answers
Answer:
When a work that requires only three individuals for its completion is being done by five persons, the two additional persons are disguised unemployed. Underemployment: Underemployment refers to a situation in which the wage is insufficient in some important way for the worker, relative to a standard skill.
Explanation:
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Answer:
When a work that requires only three individuals for its completion is being done by five persons, the two additional persons are disguised unemployed. Underemployment: Underemployment refers to a situation in which the wage is insufficient in some important way for the worker, relative to a standard skill.
Disguised unemployment is a kind of unemployment in which there are people who are visibly employed but are actually unemployed. This situation is also known as 'hidden unemployment'. In such a situation more people are engaged in a work than required.
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