" unemployment leds to low income and low savings and hence low demands and low production this is the identification of depress economy" support the statement with 3 point
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1. An unemployed person becomes a liability to the society. People do not have enough money to support their family.
2.increase in unemployment is an indicator of a depressed economy. it also wastes the resource which could gainfully have been employed.
3.unemployed youth may then turn to antisocial activities like stealing,cheating,etc.
4.dependants of unemployed of working population increases. the quality of life of an individual as well as society is affected.
2.increase in unemployment is an indicator of a depressed economy. it also wastes the resource which could gainfully have been employed.
3.unemployed youth may then turn to antisocial activities like stealing,cheating,etc.
4.dependants of unemployed of working population increases. the quality of life of an individual as well as society is affected.
sangeeta90:
please ! give one more point
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Low income leads to low standards of living (malnutrition, unhygienic) and in these conditions a person can't develop.
Development at unit level i.e. 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 favorable 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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