“Unemployment has a detrimental impact on the overall growth of an economy”. Justify the statement with any five reasons.
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Answered by
17
Detrimental effects of unemployment over economy :
• Leads to wastage of manpower resources,
• Tends to increase economic overload.
• The dependence of the unemployed on working population increases.
• Quality of life adversely affected.
• Unemployed turns into a liability.
• There is feeling of hopelessness and despair among youth.
hope this answer will help you
Answered by
5
Answer: unemployment is first of all a state of a person who is neither working nor earning .
it is not good for a nation as
it decreases nations taxpayers
it creates a type of pressure over the unemployed's family
it gives a major impact over the nation's GDP
it increases the poverty rate.
I am sorry mate i knew only 4 perfect causes of unemployment
but still hope this helps
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