Which of the following type of unemployment is there in rural areas ?
I. Seasonal Unemployment
II. Disguised Unemployment
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Both I and II.
- Seasonal unemployment occurs when individuals are unemployed during specific seasons of the year due to the nature of their work.
- Agriculture is a classic example of an industry with seasonal unemployment, where there is increased demand for labor during planting and harvesting seasons but reduced demand during other times of the year.
- Whereas, Disguised unemployment refers to a situation where more people are engaged in a task or job than actually required.
- This type of unemployment often occurs in traditional agricultural settings where too many people are involved in farming a small piece of land, and the addition or subtraction of a few workers doesn't significantly impact the overall output.