WHO IS EMPLOYMENT OPPORTUNITIES CREATED IN A COUNTRY? EXPLAIN IN BRIEF.
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Reduces inequality and prevents relative poverty from those who are unemployed. Full employment will improve business and consumer confidence which will encourage higher growth in the long-term. Unemployment is a big cause of poverty, stress and social problems.
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(i) If more dams are built and canal water is provided to all the small farmers, a lot of employment can be generated in agriculture sector.
(ii) Providing cheap credit facilities and crop insurance can result in more employment.
(iii) More money should be spent in transport and storage, because then more people can be employed.
(iv) The government/banks can provide loan at cheap rates to improve irrigational facilities.
(v) Technical training, vocational guidance to unemployed youth for self employment.
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