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Question
In an undeveloped economy, the incidence of unemployment and underemployment is _______.
In an undeveloped economy, the incidence of unemployment and underemployment is _______.
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Solution
The correct option is C quite high
In an undeveloped economy, the incidence of unemployment and underemployment is quite high. The problem of unemployment
can be faced by any economy whether developed or underdeveloped. But the
condition of underemployment prevails specifically in underdeveloped economies.
This means that the people do not get work according to their level of
expertise or capacity.
In an undeveloped economy, the incidence of unemployment and underemployment is quite high. The problem of unemployment can be faced by any economy whether developed or underdeveloped. But the condition of underemployment prevails specifically in underdeveloped economies. This means that the people do not get work according to their level of expertise or capacity.
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