Distinguish between open and disguised unemployment. Explain it by example
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Answer: If there is no work to do for people, it is known as open employment whereas disguised unemployment occurs when there is low or no productivity of work. Explanation: Unemployment is clearly visible in case of open employment whereas it is kept hidden in disguised unemployment.
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(i) Open employment refers to the situation in which an individual has no job and unable to earn his livelihood. (i) Disguised unemployment refers to the situation in which people work at a place where there is no more people are requird.
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