Situation in which everyone has job______________.
(a) voluntary unemployment (b) full employment (c) under employment.
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HELLO DEAR,
ANSWER:-
Situation in which everyone has job ___.
(b) full employment
Unemployment and underemployment in India are caused by more basic structural factors such as lack of capital, use of capital intensive technology , lake of access to land for agriculture household , lack of infrastructure , rapid growth of population resulting in large annual increments in labour force year.
THANKS.
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The situation is referred to as full employment.
- It is described as a situation in which any able-bodied individual willing to work at the current pay rate is hired.
- It is, on the other hand, a state in which there is no forced or involuntary unemployment.
- It is an economic environment it is the condition in which all available human capital are exploited to their maximum potential.
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