Social Sciences, asked by Pushpakamesh8740, 1 year ago

Why does unemployment have a determintal effect on the overall growth of an economy?

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Answered by Pramodkumarhani
7

✔✔ Hello mate ✔✔

here's your answer  

Unemployment has a detrimental impact on the overall growth of an economy. ... This is because unemployment creates a feel of hopelessness and depression among the unemployed people. Unemployment results in the wastage of human resource as people are not involved in any kind of productive activities.

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