Difference between open unemployment and disguised …
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Posted by Shikshita Naryal 6 years, 3 months ago
- 2 answers
Yogita Ingle 6 years, 3 months ago
Open Unemployment |
Disguised unemployment |
(i) Open employment refers to the situation in which an individual has no job and unable to earn his livelihood. |
(i) Disguised unemployment refers to the situation in which people work at a place where there is no more people are requird. The situation in which people are apparently working but all of them are made to work less then their potential. |
(ii) This unemployment is clearly visible. |
(ii) This unemployment is hidden. |
(iii) People's unemployment will affect the production of goods and services in an economy. |
(ii) People's unemployment won't affect the production of goods and services because here already more than requirement of people are working so if they leave that's not a big deal. |
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Shikshita Naryal 6 years, 3 months ago
4Thank You