how is employment an obstacle to economic growth?
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Answered by
3
I Think In Place Of Employment Unemployment should come.
Here Is Your Answer-
The rate of unemployment is different for the economy of different countries.
In the developed country, the economy is good even though the rate of unemployment is high since citizens are self-employed.
However, there are adverse effects of the productive falls.
Due to the unemployment, government suffers the borrowing effect that means lower consumption rate and productivity.
Here Is Your Answer-
The rate of unemployment is different for the economy of different countries.
In the developed country, the economy is good even though the rate of unemployment is high since citizens are self-employed.
However, there are adverse effects of the productive falls.
Due to the unemployment, government suffers the borrowing effect that means lower consumption rate and productivity.
Answered by
0
Answer:
Explanation:
There is low consumption rate and they have to borrow money which results in low prosperity
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