CameraIcon

SearchIcon

MyQuestionIcon

123

You visited us 123 times! Enjoying our articles? Unlock Full Access!

GDP

how reduction...

Question

how reduction in unemployment lead to human development?

Open in App

Solution

Reduction in unemployment results in an increase in standard of living of the population as the people get remuneration for their respective jobs. This increase in standard of living leads to human development in the economy.

Suggest Corrections

thumbs-up

0

Similar questions

Unemployment leads to which of the following:

Q. Human genome project lead to the development of

Q. State with reasons whether you agree or not.

Problems of unemployment in developed and developing countries is same.

Q. Inclusive growth includes

1. Economic growth
2. Reduction in inequalities
3. Increase in standard of living for all
4. High human development indicators

Q. Fill in the blanks with appropriate alternative given in the bracket.

1. Economic growth without__________ is possible.
(Economic development, education, capital, trade)

2. In modern times the_________is an economic leader
(entrepreneur, actor, social worker, minister)

3. Industrial development increases_______________
(Poverty, population, urbanization, unemployment)

4. Per capita income is ____________ divided by the total population.
(Per capita consumption, national income, human development, human development, net national product.)

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Employment

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon