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Question

The capital intensive pattern of industrialisation with longer periods of gestation has aggravated the situation of



A

Frictional unemployment

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B

Educated unemployment

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C

Disguised unemployment

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D

Technological unemployment

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Solution

The correct option is D

Technological unemployment


Various industries have adopted capital intensive technology in the production process. In a labour-surplus economy such as India, this type of technology has lead to growing technological unemployment.


Economics

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