Economy, asked by Anonymous, 11 months ago

plzzz answer these questions......I have to submit it tomorrow......plzzz plzzz anyone

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Answered by trishulakash2
2

heya!

ANSWERS

Q.1.  ' People as a resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Because the humans contribute to GDP, they are also considered as a resource.

Q.2. Unemployment is enforced idleness of wage earners who are able and willing to work but cannot find jobs. The 4 types of unemployment are structural, frictional, cyclical, and seasonal.

Q.3. The effect of unemployment in India or elsewhere is poverty, hunger, lack of education and health services, housing, entertainment, premature deaths etc! On the other hand, there is mass commotion, anger, riots, theft, growth of lumpen workers.

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