Economy, asked by siddhant2017, 11 months ago

how does unemployment affect the overall growth rate of an economy​

Answers

Answered by aayusharora045
4

Answer:

Explanation:

Unemployment generates no resource and in this way, manpower gets converted into a liability in spite of the asset. Unemployment affects the overall growth of development. It develops despair and hopelessness among youth. In this way, the unemployment increases and makes the economy depressed.

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Answered by nannu1413
1

Answer:

economy is the per capita income of the country if per capita income is less then the economy will also decrease if people r unemployed then the rate of per capita income will also be less n the economy of the country will b also less

Hope it helps u dude

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