Economy, asked by Pragatimishra5, 1 year ago

Explain any three factors of unemployment

Answers

Answered by samruddhi9875
3
Three factors of unemployment are.
1. uneducated that is lack of knowledge.
2. bad health that is suffering from a major dieseases.
3. increased population.
4. no job opportunity.
5. greater competition
i) Caste System:

In India caste system is prevalent. The work is prohibited for specific castes in some areas.

In many cases, the work is not given to the deserving candidates but given to the person belonging to a particular community. So this gives rise to unemployment.

here you go...

1.Slow Economic Growth:
Indian economy is underdeveloped and role of economic growth is very slow. This slow growth fails to provide enough unemployment opportunities to the increasing population.

2.increase in Population:
Constant increase in population has been a big problem in India. It is one of the main causes of unemployment. The rate of unemployment is 11.1% in 10th Plan.

3.Agriculture is a Seasonal Occupation:

Agriculture is underdeveloped in India. It provides seasonal employment. Large part of population is dependent on agriculture. But agriculture being seasonal provides work for a few months. So this gives rise to unemployment.Slow Growth of Industrialisation:

4.The rate of industrial growth is slow. Though emphasis is laid on industrialisation yet the avenues of employment created by industrialisation are very few.

5.Less Savings and Investment:

There is inadequate capital in India. Above all, this capital has been judiciously invested. Investment depends on savings. Savings are inadequate. Due to shortage of savings and investment, opportunities of employment have not been created.


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Pragatimishra5: Thanks
Pragatimishra5: But it is too short
Pragatimishra5: Can u elaborate
Pragatimishra5: Ok
Pragatimishra5: Thanks very much
Answered by Sanskarkumar
1
Three factors of unemployment are :-
i) Lack of education.
ii) Lack of skill, knowledge.
iii) Lack of labour.

hope it helps you

Pragatimishra5: Thanks
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