Question

distinguish between open unemployment and disguised unemployment(4 points)​

Answer 1

Answer:

Open Unemployment is the situation where there are people who are able to work and willing to work, but there is no work for them. Such unemployment can be seen and counted, so it is called open unemployment.

Disguised unemployment is a situation in which more people are doing work than actually required. Even if some are withdrawn, production does not suffer. In other words, it is employment with surplus manpower in which some workers have zero productivity.