distinguish between open unemployment and seasonal unemployment details
Answers
Answer:
open unemployment means that it will be every time and it's not ending.
seasonal unemployment means unemployment in some seasons due to some climate and other factors.
Open Unemployment i
Disguised unemployment
(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. The situation in which people are apparently working but all of them are made to work less then their potential.
(ii) This unemployment is clearly visible.
(ii) This unemployment is hidden.
(iii) People's unemployment will affect the production of goods and services in an economy.
(iii) People's unemployment won't affect the production of goods and services because here already more than requirement of people are working so if they leave that's not a big deal.
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