Question

give one effect of unemployment on the overall growth of an economy​

Answer 1

Answer:

1) It block the growth rate of the economy.

2) It creates more poor section of the society in the economy which become a burden.

3) Due to the unemployment, consumption and demand falls which lead to lack ivestment and further falls in the growth

Explanation:

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Answer 2

Answer:

Hey mate,.................... here's your answer

Explanation:

The any five effect of unemployment on the overall growth of economy are -

1) It block the growth rate of the economy.

2) It creates more poor section of the society in the economy which become a burden.

3) Due to the unemployment, consumption and demand falls which lead to lack ivestment and further falls in the growth .

4) It leads to social issues where the unemployed youth become more of a liability than an asset for the economy .

5) It creates a vicious circle of depressed environment where economic growth become difficult to achieve .