Economy, asked by AJanwani, 1 year ago

State any five effects of unemployment

Answers

Answered by gita42
137
the five effects of unemployment are:
a)it decreased the total national income .
b)it brings poverty
c)it decreased the total production.
d)it makes a country economically backward
e)it increases total population but decrease total income
hope it's the required answer...
Answered by Anonymous
126
There is only one official definition of unemployment—people who are jobless, actively seeking work.


Five effects of unemployment are
1. It often leads to personal distress in individuals

2. An unemployed person cannot run the family as there is no source of income.

3. It leads to economic problems like poverty.

4. Many social evils like dishonesty, gambling and immorality etc. arise due to unemployment.

5. There is political instability in the country due to unemployment.  Economic development of a country is hampered if there is a huge rate of unemployment.
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