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| 1. |
Distinguish between unemployment and employment in points. |
| Answer» 1. In case of an open unemployment, a person is willing to work, but he does not get a place or opportunity to work. On the other hand in case of a distinguished unemployment, more number of people work for the same work that can be carried out by lesser people, thus the ultimate effort of these people is actually null.2. Open unemployment can be perceived while disguised unemployment cannot be easily perceived.3. In open unemployment, the overall economy of a country can be affected positively or negatively if employees join or leave, but in disguised unemployment, it doesn\'t matter whether they are there or not.4. All employees are important in open unemployment while extra employees mean nothing in disguised unemployment.5. In open unemployment, the individual is not earning a penny, while in disguised unemployment the employee feels he is contributing something, while he is of no use to that work as he is treated as "extra".\xa0 | |