Economy, asked by nickyraptor8801, 1 year ago

Unemployment leads to low income and hence low production

Answers

Answered by sumitwaghavade1403
1

Answer:

Unemployment leads to lower demands. When demand is lower, companies can't produce more. No profits. Job cuts. Unemployment..Vicious circle

Answered by Anonymous
2

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Unemployment leads to low income low saving hence low demand low production. This is the identification of depressed economy. Overall demand in the economy therefore declines.

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