Distinguish between open unemployment and and disguised unemployment.
Answers
Answer:
Open Unemployment:
1. When a country’s labour force does not get opportunities for adequate employment, this situation is called open unemployment.
2. This type of unemployment is generally found in the industrial sector of our country. This is also found among the landless agricultural labourers in rural areas.
Disguised unemployment:
1. This is a kind of unemployment in which there are people who are visibly employed but actually they don’t have full-time employment. In such a situation more people are engaged in a work than required.
2. This type of unemployment is generally found in an unorganized sector where either work is not constantly available or too many people are employed for the same work that does not require so many hands.