The type of unemployment in the agricultural sector of India where more people are employed than required is known as:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Disguised unemployment.
- The type of unemployment in the agricultural sector of India where more people are employed than required is known as disguised unemployment.
- It does not affect aggregate economic output. It however occurs when productivity is low and too many workers are filling in for very few jobs.