Question

Mention any two conceguenes of unemployment

Answer 1

Two consequences of unemployment are financial and poverty



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Answer 2

Unemployment is a condition of the economy where the people are interested to work but not able to work.

EXPLANATION-

Major factors affecting Unemployment is -

(i) A slow growing economy leads to unemployment due to a lack of newer job opportunities in the market.

(ii) When the Population Growth rate of the nation is increasing consistently than the unemployment because of a cause to work over due to increasing demand in the job and fewer working opportunities.

(iii) Involvement in Seasonal Occupations like agriculture, ice-cream factories, textile industry gives employment for only a specific period only.

(iv)  Banishment in the small scale and cottage industries due to the advancement in the technology of working a firm brings more finished goods than well made manually.

(v) Inappropriate channelization of funds is also a major reason which leads to the lack of employment in the market.

Learn more about Unemployment  - https://brainly.in/question/14570387