Economy, asked by bunny74, 1 year ago

how do unemployment effects the overall growth.


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Answers

Answered by yash2551
3
hi friend,
here ur answer,
Unemployment affects the overall growth of an economy.
1 unemployment leads to undeveloped country
2 unemployment means lack of work. lack of work lack of money. No money no food
3 unemployment also leads to malnutrition

4 no foreign traders will come to country for exchange so it is an economy disturbance

this answer will definitely help u,
mark it brainliest!
best wishes
Answered by NCPant
0
Unemployment effects overall growth in many ways:-
1) If there would be not be sufficient labour then the work would be affected.
2) Employment adds to the economic growth because only the employed people would be able to give tax.
3) if there would be unemployment then it would be the waste of the human resource .

Hope it helps you!!!
: )
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