Unemployment: Definition, Types, Causes, Effects & Concepts

Unemployment is a state of joblessness. An unemployed person is one who is available for work, is looking for work, but cannot find it. Unemployment means lack of employment. It is a mismatch in the labor market, where the supply of labor (by workers) is greater than the demand for labor (by companies).

Problems and Solutions of Industrialization

Effects and Positive Solutions of Industrialization Meaning of Industrialisation ‘lndustrialization’ is a deliberate policy by governments to create many industries in a country. The process of industrialization involves the production,…