Suppose a farmer has four acres of land and he actually needs only two workers and himself to carry ...........

Economic Affairs Employment related Issues

Suppose a farmer has four acres of land and he actually needs only two workers and himself to carry out various operations on his farm in a year, but if he employs five workers and his family members such as his wife and children, this situation is known as-

Disguised unemployment

Open unemployment

Cyclic unemployment

Frictional unemployment

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Explanation:

Disguised unemployment: this is a kind of unemployment in which there are people who are visibly employed but actually they do not have full employment. About one third of agriculture workers in India are classified as disguisedly unemployed.