Question

What are the harmful effects of unemployment ?

Answer 1

Unemployment is harmful to the society in many ways. Some of the bad effects of unemployment are given below:

(i) Loss of Valuable Human Resources.

(ii) Increase in Poverty.

(iii) Unemployment is Demoralizing.

(iv) Unemployment Gives Rise to Social Problems.

(v) Unemployment May Create Political Instability.

(vi) Exploitation of Labour.