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A society is better off when the standard of living for the average person is higher. When there are more chickens bred for food we as a society can eat better. When there are more high definition flat TVs produced everyone can own one and hence live a happier life. Therefore we need every citizen to contribute his share to society in order to produce more goods that raise our standard of living. In an absolutly efficient society everyone would work to produce goods so everyone can enjoy those goods that are produced in order to have a high standard of living. When people are unemployed they burden society. They use the goods that other people create but they contribute nothing themselves. This clearly is inefficient.
One good thing however is that as unemployment rises inflation falls and goods are cheaper for those people still possessing jobs. Our government tries to balance inflation and unemployment rates using both fiscal and monetary policy, but I think that is beyond the scope of your question.
What else can I help you with?
In what way did farming affect American society and culture?
not enough food for families
What is the role of unemployment in economics?
In sociology, there is a micro and macro view of communities. Micro refers to the smallest unit of a society; macro refers to the largest, or "overall" society. Unemployment will always affect the micro first; it's where people live, shop, buy services. Unemployment restricts buying power and reduces economic growth of local businesses. The more widespread unemployment becomes, the more it begins to affect a State or region, and eventually the nation.
How did the welfare overhaul in 1996 affect Aid to Families with Dependent Children AFDC?
It ended the program.
Does the legalization of same-sex marriage really affect families?
Absolutely! It will help to keep families united and protected by law, especially families where one member is a citizen and another is not, or families with young children, and elderly couples too.
How does the cost of living increase affect low income families?
Parents may not able to provide the necessity of their children.
How did womens change in role affect families?
Nowadays working women are quite helpful to the society and also to their families. Double income is better than one if you want to move forward. However the downside is that a mother being the key role in upraising the children is missing, and being replaced mostly by under qualified nannies.
If you are receiving unemployment benefits in Texas and will be 66 this month and now qualify for Social Security benefits will receiving Social Security affect your unemployment benefits?
No. Receiving SS benefits will not affect your unemployment.
How does alcohol abuse affect families?
I think it affect families by the actions the abuser is or was taken ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
How does owing unemployment affect credit score?
Owing unemployment benefits does not directly affect your credit score. However, if you are unable to pay bills or loans due to unemployment, it can impact your credit score negatively.
How did war affect the society?
The war affected American society in a few ways. An example is, many men were taken away from their families. Another example is, war makes inflation go up.
Did the New Deal have an immediate affect on unemployment?
the anwer is NO. the unemployment rates of the U.S.A dropped slowly.
What affect did draft dodgers have on their families?
Split the families.
