how does unemployment affect the economic development of a country ?
Answers
Answered by
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
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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