Question

“Unemployment leads to low income and low savings and hence low demand and
low production. This is the identification of a depressed economy.” Support the
statement with three arguments.

Answer 1

Support the statement with three arguments. It is a wastage of manpower resource. It increases the economic overload and the number of dependent on population.

Answer 2

Answer:

unemployment is due to over population .

unemployment causes a repo rate to fall

people are not aware about main causes