unemployment leads to low income and low saving and hence low demand and low production
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If someone is unemployed then
It means of course he has low income because no sourse of income he has , so there is no or little saving .
And hence he has no specific sourse of income due to unemployment ,so he has low demand because he has no money to buy more and more things to fulfill all needs ,
Therefore ,
His productivity also low because he just adjust his fundamental needs.due to this he has laked in so many essential requirements of live such as may be better education or many more .
Thank you!
It means of course he has low income because no sourse of income he has , so there is no or little saving .
And hence he has no specific sourse of income due to unemployment ,so he has low demand because he has no money to buy more and more things to fulfill all needs ,
Therefore ,
His productivity also low because he just adjust his fundamental needs.due to this he has laked in so many essential requirements of live such as may be better education or many more .
Thank you!
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