Question

Unemployment is an economic as well as social evil? Why

Answer 1



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How is unemployment an economic as well as a social problem?

CBSE Class 11 CBSE Class 11 Economics 

indian-economycbse

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prasanna

Aug '16

Unemployment is an economic and social problem. Unemployment is an economic problem in the sense that unemployed persons will be consumers only without being a producer. Non utilisation of human resources due to unemployment involves double cost of maintenance and loss of output. Unemployment is a social problem in the sense that it causes enormous sufferings to unemployed workers due to their reduced or nil income. Many social evils like dishonesty, immorality, drink¬ing, gambling, robbery, etc are the outcome of unemployment. It causes social disruption in the society and the government has to incur a heavy unproductive expenditure on law and order.

Answer 2

Unemployment is an economic and social problem. Unemployment is an economic problem in the sense that unemployed persons will be consumers only without being a producer. Non utilisation of human resources due to unemployment involves double cost of maintenance and loss of output. Unemployment is a social problem in the sense that it causes enormous sufferings to unemployed workers due to their reduced or nil income. Many social evils like dishonesty, immorality, drink¬ing, gambling, robbery, etc are the outcome of unemployment. It causes social disruption in the society and the government has to incur a heavy unproductive expenditure on law and order.

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