1) When it becomes a communist nation.
2) Or a Totalitarian fascist nation such as nazi Germany. Hitler built autobahns, infrastructure and weapons by putting people to work (paid work not slave) before the war. wont see that in a democracy
3) That is true! Basically, capitalism under a democratic government could not strive in a fully employed nation, the economic system would be undermined. So, government systems that do not perpetuate a capitalist society are more likely to run a "close to fully employed" nation. In this situation, work is for the purpose of production, and not personal economic gain through a competitive economic system.
war
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
The economy is efficient only when it has achieved full employment and full production
Most Employment Security Commissions list both full-time and part-time employment listings. Though it is possible that there are some states were the ESC will only list full-time employment opportunities.
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
can be produced only if there is less production of some other products.
Because they are meant to only be a temporary assistance until you find full time employment.
Keynes believed that only government intervention could get a country out of a depression and the economy back on track.
That it is by invitation only, and usually only includes close family members.
Usually, yes. But when the moon is CLOSE to full, not necessarily COMPLETELY full, there is a small chance of a transformation.
It means that you have a job which employs you to work for 5-6 days each week for at least 7 hours (or more) each day. The job woul feel as if it was permanent rather then a short term position. there is not cyclical unemployment (gradpoint) The opposite would be part time employment where you may only work half days or perhaps full days but only for a few days in the week.
Isreal is the only Jewish nation in the world.