Multiple Choice Questions on When the productive capacity of the economic systems of a state is inadequate to create sufficient n........... for General Studies (Level 1) Preparation

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Multiple Choice Questions

When the productive capacity of the economic systems of a state is inadequate to create sufficient n...........

Indian Economy (Easy) Poverty and employment
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    When the productive capacity of the economic systems of a state is inadequate to create sufficient number of jobs, it is called

    seasonal unemployment

    Incorrect Answer

    structural unemployment

    Incorrect Answer

    disguised unemployment

    Incorrect Answer

    cyclical unemployment

    Correct Answer
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    Explanation:

    Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment. It occurs during periods of slow economic growth or during periods of economic contraction.

    By: MIRZA SADDAM HUSSAIN
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