Question

“Unemployment has a detrimental impact on the overall growth of an economy”. Justify the statement with any five reasons.

Answer 1

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

Answer 2

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