Question

Unemployment is a major problem in a country like India’. Explain.

Answer 1

Answer:

Unemployment is a major problem in a country like India. Suggest various ways for generating employment opportunities both in rural and urban areas. Education and healthcare sector can create massive employment in urban as well as rural areas. Proper planning is required to strengthen these sectors

Explanation:

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Answer 2

While the developed countries are facing unemployment, mostly of Keynesian involuntary and frictional types but the underdeveloped or developing countries like India are facing structural unemployment arising from high rate of growth of population and slow economic growth. Unemployment is a serious problem.

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