Question

Unemployment leads to low income and low savings and hence low demand and low production. this is identification od a depressed economy . Support the statement with three arguments

Answer 1

I think that answer is the
1 the employment low saving and hence low demand and low production because it sells upper cost.
2 the production was higher demand.
3 employment they lead to low cost because of saving.

I hope it is correct.
Please mark me as a brainlist.

Answer 2

Answer:

Unemployment has negative effects on the economic development of a country in the following ways  

1. It is a wastage of manpower resource. It increases the economic overload and the number of dependent on population.

2. The quality of life of an individual as well as the society is adversely affected. There is a feeling of hopelessness among the youth.

3. The time period lost in the unemployment is an irrecoverable loss. It is the loss of productive period and the loss can not be compensated.