In everyday life, we use various kinds of services and structures; for example, power, communication, transport, hospital, banking, schools, bridges, dams, etc. It seems impossible to imagine a life without these. Such services and structures form an integral part of one’s daily life. In economics, such services and structures are collectively termed “infrastructure”. In this […]
Infrastructure Definition: In everyday life, we use various kinds of services and structures; for example, power, communication, transport, hospital, banking, schools, bridges, dams, etc. It seems impossible to imagine a life without these. Such services and structures form an integral part of one’s daily life. In economics, such services and structures are collectively termed “infrastructure”.
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand “How to Fix Unemployment”. How to Fix Unemployment? The following are some of the steps that can be taken to
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand “How to Reduce Unemployment”. How to Reduce Unemployment? The following are some of the steps that can be taken to
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. High unemployment leads to the following economic and social effects. Economic Effects of Unemployment Underutilisation of human capital: The presence of a large number of unemployed individuals in a country implies
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. High unemployment leads to the following economic and social impacts. Economic Impacts of Unemployment Underutilisation of human capital: The presence of a large number of unemployed individuals in a country implies
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand the actual Causes of Unemployment in India. Causes of Unemployment in India India is severely affected by the ever-rising
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand the actual Reasons for Unemployment. Reasons for Unemployment India is severely affected by the ever-rising unemployment rate. The following
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand the actual Causes of Unemployment. Causes of Unemployment India is severely affected by the ever-rising unemployment rate. The following
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. After going through this post, you will be able to understand Structural Unemployment. Structural Unemployment Definition Structural Unemployment refers to the situation in which individuals are unable to find jobs