Economy, asked by Talish1546, 1 year ago

Unemployment has a determinal impact on overall growth of an economy justify

Answers

Answered by salma12a
5
This increase the financial cost for the government as in many countries they pay the unemployed people. This cause the decrease in production and increase in the cost. 

The unemployed people save more rather than spending this cause a decrease in economy.

The standard of living decreases

The cost per person increases and quality of health decreases. 
Answered by diksha64
2
unemployment is a major problem faced by all country peoples because unemployment leave to the economic problem in country as if the peoples are employed the countries repetition will also increase if there is no employment for the people in a country that's why the country is Fallon so that's why employment is necessary that unemployment
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