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Under which of the following types of unemployment more people are doing work than actually required?
Voluntary unemployment
Disguised unemployment
Casual Unemployment
Chronic Unemployment
• Disguised Unemployment o It is a situation in which more people are doing work than actually required. Even if some are withdrawn, production does not suffer. In other words, it refers to a situation of employment with surplus manpower in which some workers have zero marginal productivity. Hence option (b) is the correct answer. o Overcrowding in agriculture due to the rapid growth of the population and lack of alternative job opportunities may be cited as the main reasons for disguised unemployment in India. o Note: ? Casual Unemployment: When a person is employed on a day-to-day basis, casual unemployment may occur due to short-term contracts, shortage of raw materials, fall in demand, change of ownership, etc. ? Chronic Unemployment: If unemployment continues to be a long-term feature of a country, it is called chronic unemployment. The rapid growth of the population and inadequate level of economic development on account of the vicious circle of poverty are the main causes of chronic unemployment.
By: Parvesh Mehta ProfileResourcesReport error
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