Which of the following is NOT a cause of unemployment in India?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Lack of housing facilities.
- Main Causes of Unemployment in India ; (i) Caste System: ; (ii) Slow Economic Growth: ; (iii) Increase in Population: ; (iv) Agriculture is a Seasonal Occupation.
- Unemployment causes workers to suffer financial hardship that impacts families, relationships, and communities.
- Unemployment results in reduced demand, consumption, and buying power, which in turn causes lower profits for businesses and leads to budget cuts and workforce reductions.