1.

Unemployment has a detrimental impact on the overall growth of an economy.' Justify the statement.

Answer»

Solution :(i) Unemployment leads to wastage of manpower resources.
(ii) People who are an asset for the economy turn into a liability.
(iii) There is a feeling of hopelessness and despair among the youth.
(iv) People do not have enough money to support their family. Inability of educated people who are willing to work, to find gainful employment, implies a great social waste.
(V) Unemployment tends to INCREASE the economic overload.
(vi) When a family has to live on bare subsistence levels, there is a general decline in its HEALTH status and a rising WITHDRAWAL from the SCHOOL system.


Discussion

No Comment Found

Related InterviewSolutions