1. Concept of unemployment – Involuntary unemployment, Voluntary unemployment, Underemployment, Frictional unemployment.

Question

Find the odd word out:

1. Concept of unemployment – Involuntary unemployment, Voluntary unemployment, Underemployment, Frictional unemployment.

2. State with a low rate of unemployment – Goa, Punjab, Gujarat, Bihar.

3. Economic effects of Unemployment – Social tension and unrest, Loss of human dignity, Waste of human resources, Helplessness.

Answer 1

1. Frictional unemployment

2. Gujarat

3. Waste of human resources.