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Why does unemployment have a determintal effect on the overall growth of an economy? |
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Answer» ✔✔ 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. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ HOPE it helps you |
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