Question

what are the remedies that government has adopted to solve the problem of unemployment ?


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Answer 1

Answer:

Change in Monetary policy by cutting interest rates to boost Aggregate Demand (AD) Change in Fiscal policy by cutting taxes to boost AD. Education and training with skill development. Lower minimum wage to reduce real wage unemployment.

Explanation:

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Answer 2

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What are the remedies that government has adopted to solve the problem of unemployment?

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》Population Control : The first Solution for unemployment is to control the Poplulation of the country . Government Also started many programmes and has taken many initiatives to control population .

》Development in rural areas : Many people Migrrates from rural areas to urban areas in search of jobs And Employment to earn their daily bread . Government started the Policy of MANREGA in which they give people Some daily wages for working for govenment .

》PMKVY : It is a programme in which Youth of the country can choose their passion and get training for that Skill so that they can secure bright future .

》Education System : Government Also started the policy of JNV's and KV's where the capable Child can study at very Low cost .

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