Question

Explain the disguised unemployment in reference of banking and transport.

Answer 1

Answer:

disguised unemployment means working for only family only sufficient

Answer 2

Disguised unemployment:

• Disguised unemployment is a sort of unemployment where people are visibly employed but are in fact unemployed. This situation is also known as hidden unemployment. In a situation like this, more people are engaged in a job than is necessary.
• In rural areas, this type of unemployment is usually found in the Banking sector, such as in a family of nine people all are engaged in the same plot. But if 4 people are withdrawn from it no reduction in output will occur. In fact, these 4 people face disguised unemployment.

Learn more about Disguised unemployment

Is it correct that disguised unemployment is very common in urban areas

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What do you understand by disguised unemployment ?explain with an example from rural and urban area?

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