What are two types of unemployment found in rural areas?How does unemployment affect the overall growth of an economy?
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organize such an entity by filing certain charter documents with the relevant Secretary of State or equivalent and complying with certain other ongoing obligations. The relationships and legal rights of shareholders, limited partners, or members are governed partly by the charter documents and partly by the law of the jurisdiction where the entity is organized. Generally speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a limited liability company are shielded from personal liability for the debts and obligations of the entity, which is legally treated as a separate "person". This means that unless there is misconduct, the owner's own possessions are strongly protected in law if the business does not succeed.
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Explanation:o types of unemployment found in rural areas are Seasonal Unemployment Agriculture being a seasonal activity, most of the labour is required during sowing and harvesting. At other times the labour is unemployed. (b) Disguised Unemployment This occurs when all the members of a family of a small farmer are working in the fields, but all may not be required. For instance, the farmer may require only five labourers for the work, but because eight are available, all are working. Actually they are working at less than full productivity. Unemployment affects the overall growth of an economy as (i) it is a wastage of manpower resource. (ii) it increases the economic overload. (iii) it tends to increase the number of dependent population. (iv) increase in unemployment is an indicator of a depressed economy
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