What??
Raghunath
Distinguish between open unemployment and disguised unemployment in at least 5 points
Chitra Sura
Asked: 3 years ago2022-11-02T16:17:58+05:30
2022-11-02T16:17:58+05:30In: Class 10
Distinguish between open unemployment and disguised unemployment?
Distinguish between open unemployment and disguised unemployment?
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Leave an answer
Rakhi Tata
Asked: 3 years ago2022-11-01T13:43:07+05:30
2022-11-01T13:43:07+05:30In: Class 10
Distinguish between open unemployment and disguised unemployment.
Distinguish between open unemployment and disguised unemployment.
Leave an answer
Leave an answer
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\tOpen UnemploymentDisguised 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.\t
Open Unemployment:\xa0When a country’s labour force does not get opportunities for adequate employment, this situation is called open unemployment. This type of unemployment is generally found in the industrial sector (e.g., when workers of a factory are laid off due to its closure) and landless agricultural labourers in rural areas.Disguised Unemployment : This is a kind of unemployment in which there are people who are visibly employed but actually they don’t have full employment. In such a situation more people are engaged in a work than required. This type of unemployment is generally found in unorganized sector where either work is not constantly available or too many people are employed for the same work that does not require so many hands.