Economy, asked by Balu7403, 1 year ago

Discuss whether or not-industries becoming more capital intensive will increase unemployment qp economics

Answers

Answered by Nyaberiduke
13

When industries are becoming more of a capital intensive in an economy it is not solving the issue of an unemployment rather it is increasing the rate of unemployment.The work some unemployed population would have been employed to perform have been done by the  industries hence the unemployed continue looking for job they cant a job hence they possess the required skills needed for that job.

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