Unemployment leads to low income,low savings and low demand and hence low production.This is the identification of a depressed economy. support the statement with 3 arguments.
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Answered by
323
1.) Unemployment leads to wastage of Manpower.
2.) People who are unemployed become a liability on a firm, organisation or a country.
3.) Thus, unemployment leads to low income, low savings and hence the production is reduced. The power of all the people of a country is not used
2.) People who are unemployed become a liability on a firm, organisation or a country.
3.) Thus, unemployment leads to low income, low savings and hence the production is reduced. The power of all the people of a country is not used
Answered by
185
-Low income leads to low standards of living (malnutrition, unhiegenic) and in these conditions a person can't develop.
Development at unit level ie individuals leads to national development (economic and health)
-Low wages result in low consumption and hence low production.
The economic development of a country largely depends on it secondary sector.
-If wages are favourable then the people can think about there health conditions and a healthy person can of course work more efficiently than an unhealthy one.
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Development at unit level ie individuals leads to national development (economic and health)
-Low wages result in low consumption and hence low production.
The economic development of a country largely depends on it secondary sector.
-If wages are favourable then the people can think about there health conditions and a healthy person can of course work more efficiently than an unhealthy one.
Hope it helps
Pls mark it brailiest
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