Question

state the reasons for unemployment​

Answer 1

Answer:

Unemployment is caused by various reasons that come from both the demand side, or employer, and the supply side, or the worker. Demand-side reductions may be caused by high interest rates, global recession, and financial crisis. From the supply side, frictional unemployment and structural employment play a great role.

Answer 2

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The following are the main causes of unemployment:

(i) Caste System:

(ii) Slow Economic Growth:

(iii) Increase in Population:

(iv) Agriculture is a Seasonal Occupation:

(v) Joint Family System:

(vi) Fall of Cottage and Small industries:

(vii) Slow Growth of Industrialisation:

(ix) Causes of Under Employment: