"Full employment is a normal features …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Ash Varshney 4 years, 11 months ago
- 1 answers
Related Questions
Posted by Niyati Garg 1 year, 2 months ago
- 0 answers
Posted by Naman Jain 1 year, 2 months ago
- 1 answers
Posted by Mehar Ansari 1 year, 3 months ago
- 0 answers
Posted by Shruti Singh 1 year, 3 months ago
- 0 answers
Posted by Rijum Karlo 1 year, 3 months ago
- 0 answers
Posted by Nandita Sharma 1 year, 3 months ago
- 1 answers
Posted by Sakshi Singh 2 months, 4 weeks ago
- 1 answers
Posted by Dipika Sharma 1 year, 3 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Gaurav Seth 4 years, 11 months ago
Full employment is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.
True full employment is an ideal—and probably unachievable—situation in which anyone who is willing and able to work can find a job, and unemployment is zero. It is a theoretical goal for economic policymakers to aim for rather than an actually observed state of the economy. In practical terms, economists can define various levels of full employment that are associated with low but non-zero rates of unemployment.
1Thank You