Question

Indirect generation of employment opportunities in an economy occur

• A. When a government owned cotton and jute company increases the production which leads to a decrease in employment
• B. When a privately owned cotton and jute company decrease the production which leads to an increase in employment
• C. When a government owned cotton and jute company increases the production, it will result in direct increase in employment in that government company. Private companies which purchase cotton and jute from it will also increase employment.
• D. When a cotton and jute company owned outside the nation decreases its production level which leads to an increase in employment.

Answer 1

The correct option is C

When a government owned cotton and jute company increases the production, it will result in direct increase in employment in that government company. Private companies which purchase cotton and jute from it will also increase employment.

When a government owned cotton and jute company increases the production, it will result in direct increase in employment in that government company. Private companies which purchase cotton and jute from it will also increase employment. This is the indirect generation of employment opportunities by the government initiatives in an economy.