Question

Massive unemployment and economic breakdown related to

Answer 1

Explanation:

• Essentially, it is a recession which causes unemployment. As output and demand fall, firms cut back on hiring new labour. This leads to a rise in unemployment as there are fewer job vacancies. Also, some firms may have to shed labour through redundancies, directly creating unemployment

Answer 2

Answer:

hi friend ....

Explanation:

Essentially, it is a recession which causes unemployment. As output and demand fall, firms cut back on hiring new labour. This leads to a rise in unemployment as there are fewer job vacancies. Also, some firms may have to shed labour through redundancies, directly creating unemployment.

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