remedies for unemploymentthe measures appropriate
REMEDIES FOR UNEMPLOYMENT
The measures appropriate as remedies for unemployment will clearly depend on the type and cause of unemployment. Broadly they can be divided into:
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disguised unemploymentsituation where some people are employed apparently but if they are withdrawn form this job total production remains the same
cost of unemploymentunemployment is a problem because it imposes costs on society and the individual the cost of unemployment to a nation can be
the social cost of unemploymenti for the individual there is the demoralizing effect which can be devastating particularly when
the economic costunemployment represents a terrible waste of resources and means that the economy is producing a lower rate of output than it could
remedies for unemploymentthe measures appropriate as remedies for unemployment will clearly depend on the type and cause of unemployment broadly
demand management policiesthese policies are intended to increase aggregate demand and therefore the equilibrium level of national income they
supply-side policiessupply-side policies are intended to increase the economys potential rate of output by increasing the supply of factor inputs
objectives of governmentgovernment policies are required in market economies to achieve certain goals there are broadly two types of government
the microeconomic objectives of governmentthese are the policies which are concerned with the allocation and distribution of resources to maximize
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