Unemployment is an economic as well as a social evil. Explain the statement.; "Unemployment is an economic as well as a social evil". Explain the statement.
Answers
Unemployment is a major obstacle in the growth of an economy and it brings multiple adverse effects to the society as well.
Unemployment makes a person feel insecure and uncertain about his future.
This results a feeling of increased negativity and hence it can only cause harm to the person as well as the entire society.
Answer:
Unemployment: A serious problem
Explanation:
Today, unemployment is considered one of the most threatening problems before the country. The society is deprived of the goods and services that the unemployed people could have produced. Unemployment among educated persons is more serious. This is due to investments made in them. Unemployment is not only an economic evil, it is a social problem too. Unemployment spreads social unrest and tension as unemployed people are a frustrated class of the society