Distinguish between open and disguised unemployment – InterviewSolution

1.

Distinguish between open and disguised unemployment

Answer»

Answer:

(i) OPEN employment refers to the SITUATION in which an individual has no job and unable to EARN his livelihood.
(i) DISGUISED unemployment refers to the situation in which people work at a place where there is no more people are requird.

(ii) This unemployment is CLEARLY visible.
(ii) This unemployment is hidden.

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