Unemployment is caused by economical collapse, such as the Great Depression of the 1930's. Since Supply & Demand is the sole factor on the economical scale, if items are not sold or bought within a country, then that country will literally close businesses since nothing is being purchased and workers will lose their jobs. Employment is based entirely on sales and stocks, or simply put, Supply & Demand.Answer:
From a Keynesian perspective, full employment occurs where an economy is at full employment. Therefore, unemployment is caused by a decrease in aggregate demand for firm's goods and services, meaning that they do not produce as much and do not require as much labour - creating unemployment.
The Classical theory of unemployment is where firms cannot make a profit from the sale of goods and services due to a higher cost of employing workers.
what are some causes of unemployment in brazil
what causes unemployment
One of the causes of unemployment in Namibia is rapid population growth, which is also the leading cause of unemployment in India. An unstable economy is another reason for the causes of unemployment. The unemployment rate can be defined as the number of people actively looking for work as a percentage of the labor force.
examine the causes of unemployment
reason for unemployment in cambodia
In my opinion, unemployment is caused by the poverty and job disability.
lack of education
Bad governance is the main cause of unemployment in Ghana.
There are a number of causes of unemployment problems in Bangladesh. They include population growth, lack of industrialization, lack of skill, and lack of investment.
Unemployment is that when every job seeker cant find job according to its ability, its called unemployment.
Economic hardship and a troubled government are some of the causes of unemployment in Guyana. There is also a lack of correlation between educational achievements and job prospects in Guyana.
lack of educationpovertycrime and deviance
lesser jobs... of course.... and corruption... and to top that incompetence..!!
falling of the stock market