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People As Resource
Question
What are the implication of umemployment?
Solution
The implication of unemployment are:
(i)Unemployment leads to wastage of manpower resource. People who are an asset for the economy turn into a liability.
(ii)There is a feeling of hopelessness and despair among the youth. People do not have enough money to support their family.
(iii)Inability of educated people who are willing to work to find gainful employment implies a great social waste.
(iv)Unemployment tends to increase economic overload. The dependence of the unemployed on the working population increases.
(v)The quality as life of an individual as well as of society is adversely affected.
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Some More Questions From People As Resource Chapter
What is the role of education in human capital formation?
What is the role of health in human capital formation?
What part does health play in the individual's working life?
What are the various activities undertaken in the primary, secondary and the tertiary sector?
What is the difference between economic activities and non-economic activities?
Why are women employed in low paid work?
How will you explain the term unemployment?
What is the difference between disguised unemployment and seasonal unemployment?
Why is educated unemployment, a peculiar problem of India?
In which field do you think India can build the maximum employment opportunity? Explain.
Mock Test Series
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