Economy, asked by Lvina4857, 1 year ago

Drawbacks of unemployment

Answers

Answered by SmeetAjudiya
1
Waste of resources/opportunity cost of lost potential output (PPF)

Less economic growth

Redundancies waste resources invested in training & education

Burden on country

Answered by Anshults
0

Drawbacks of unemployment

Explanation:

  • Being unemployed can head to sadness, low self-esteem, nervousness, and other psychic wellness problems, particularly if an individual wants work but can't find a profession.
  • Stress can happen, causing pressure and stress on the body.
  • Economic Problems: Through unemployment, there is no revenue, which drives to poverty.

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