How Unemployment Effects Pakistan Economy?


2 Answers

Tamanna Ahmed Profile
Tamanna Ahmed answered
1. Decrease Growth that is GDP because lesser employed people means lesser production.
2. Deflation: Unemployment effect consumers' demand. People demands tend to decrease because less of less. As a result, the producers have to decrease the prices of their product (decrease the level of profit) in order to make sell their products.
3. Social Crime: The worst effect is that the increased social crime. Crime becomes more attractive as an alternative of their earning.

Answer Question