Economy, asked by hanirvesh805, 1 year ago

How open unemployment and disguised unemployment differ each other for 0 board?

Answers

Answered by Alisha260
1
Unemployment is when a person is willing to work, but is unable to find work due to scarcity of jobs. For example, Tarun is an IIT graduate, but is unable to find a job. This is unemployment.

Let me explain what disguised unemployment is with the help of an example.
In India, a huge portion of the population is employed in agriculture. The Bedis are such a family. There are 6 people working in the farm and producing 4kgs of grains. It may so happen that one of the sons of the family does not work, and the other 5 people can produce 4kgs without him. This is disguised unemployment. He is said to be employed in agriculture, but his employment is not reeping anything.
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