Question

explain the effects of unemployment on the growth of the economy ​

Answer 1

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$\huge\mathfrak{\blue{Answer→}}$High unemployment indicates the economy is operating below full capacity and is inefficient; this will lead to lower output and incomes. ... A rise in unemployment can cause a negative multiplier effect. Increase in social problems.

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Answer 2

Answer:

Unemployment is a major obstacle in the growth of an economy and it brings multiple adverse effects to the society as well.

Unemployment makes a person feel insecure and uncertain about his future.

This results a feeling of increased negativity and hence it can only cause harm to the person as well as the entire society

Explanation: