Social Sciences, asked by shreya0626, 7 months ago

how does unemployment affect the economic development of a country ?​

Answers

Answered by sravankumarssk99
2

Answer:

Adversely or negatively

Explanation:

As unemployment increases it will become hindrance for economic development.

Unemployment increases then people will  not have incomes and due to less incomes they will be pushed in to poverty thus poverty also increases. Unemployment is root cause for economic problems.

Answered by Anonymous
1

Lower GDP for the economy.

High unemployment indicates the economy is operating below full capacity and is inefficient; this will lead to lower output and incomes. The unemployed are also unable to purchase as many goods, so will contribute to lower spending and lower output.

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