Decentralisation of Industrial activity is necessary to reduce unemployment. If industrial activities are centralised at one place, there will be less employment opportunities in the under developed areas. So Govt. should adopt such policies which encourage decentralisation of industrial activity.
Why was there unemployment after ww1?
The overall spending power increased. The rapid productivity growth also caused high inflation, as prices and wages increased. The end of the war time production along with increased labour supply from returning troops helped contribute to high unemployment and the decline of wages.
What are two reasons why there was high unemployment after WWI ended?
1 Answer
- returning troops which created a surge in labor supply increasing unemployment and depressing wages.
- a decline in price of agricultural commodity Europe has recovered and was productive again as producer.
- agressive monetary policy to fight inflation and severe austere fiscal policy.
What are the government solutions to unemployment?
Fiscal policy can decrease unemployment by helping to increase aggregate demand and the rate of economic growth. The government will need to pursue expansionary fiscal policy; this involves cutting taxes and increasing government spending.
Why is unemployment high in Egypt?
tHe groWIng youtH Bulge A big part of the youth unemployment problem in Egypt is driven by population growth. There are significant demographic pressures as the Egyptian labor market is unable to cope with the number of new job seekers.
What is the cure for unemployment?
The cure for unemployment is free competition for jobs. Only a free market can arrive at “the appropriate relationship” between wage-rates and prices.
What is the unemployment rate in Egypt 2020?
approximately 10.45 percent
In 2020, the unemployment rate in Egypt was at approximately 10.45 percent.
Is the unemployment a serious problem in Egypt?
In conclusion, Unemployment is a serious matter in Egypt. Although its fundamental right for citizen to get job according to their qualification. However there is not enough job for everyone so huge number of people without any job cause a lot of problems.
How is entrepreneurship helping the youth in Egypt?
These youth are full of passion and energy, and they have creative ideas and can generate major economic progress in Egypt. They only need a chance to learn, work and innovate. The concept of entrepreneurship is not unfamiliar to Arab communities, especially to the youth of Egypt.
How to solve the global problem of unemployment?
Experts say that the younger generation needs to create jobs rather than seeking jobs in order to solve the global problem of unemployment.
What was the unemployment rate in Egypt in 2007?
Justice, sincerity, honesty, nobility, truth cannot be expected from a person who Is unable to manage his living. According to economywatch-website Egypt had an average unemployment rate of 8.3 % in 2007 (economywatch-website, 2011).
