Question

disadvantages of unemployment in points

Answer 1

Effects of Unemployment

1. Loss of Human Resources:

The problem of unemployment causes loss of human resources. labourers waste their maximum time in search of employment.

2. Increase in Poverty:

Unemployment deprives a man of all sources of income. As a result he grows poor. Therefore, unemployment generates poverty.

3. Social Problems:

Unemployment breeds many social problems comprising of dishonesty, gambling, bribery, theft etc. As a result of unemployment social security is jeopardized.

4. Political Instability:

Unemployment gives birth to political instability in country. Unemployed persons can easily be enticed by antisocial elements. They lose all faith in democratic values and peaceful means. They consider that Government is worthless which fails to provide them work.

5. Exploitation of Labour:

In the state of unemployment, labourers are exploited to the maximum possible extent. Those labourers who get work have to work under adverse condition of low wages.

All this tells upon the efficiency of labourers greatly influence the pattern of employment opportunities in the country. Being poor, a person does not make any gainful use of existing resources.

6. More Emphasis on Capital Intensive Techniques:

In India, capital is scarce and labour is available in surplus quantity. Under these circumstances, the country should adopt labour intensive techniques of production. But it has been observed that not in industrial sector, also in agriculture sector; there is substantial increase of capital than labour.

In the case of Western countries, where capital is in abundant supply, use of automatic machines and other sophisticated equipments are justified while in our country abundant labour, results in large number of unemployment.

7. Defective Education System:

The education system in our country too has failed to respond to the existing inter-generation gap. It simply imparts general and literary education devoid of any practical content.

India's education policy merely produces clerks and lower cadre executives for the government and private concerns. The open door policy at the secondary and university level has increased manifold unemployment among the educated that are fit only for white collar jobs.

Answer 2

unemployment leads to:-

1)pressure on goods
2)poor quality products
3)high market values
4) deflation


Hope it 's helpful....!!!!