Question

How does unemployment affect the growth of a nation? pls answer my question......class 9 economics i will mark u as brainliest

Answer 1

Answer:

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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Answer 2

Answer:

Unemployment affects the overall growth of an economy. People who are an asset for the nation turn into a liability for an organization. It leads to wastage of manpower resources. ... Increase in unemployment is an indicator of a depressed economy ....................................

Explanation:

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