Question
Download Solution PDFThe type of unemployment in the agricultural sector of India where more people are employed than required is known as:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is disguised unemployment.
Important Points
- The type of unemployment in the agricultural sector of India where more people are employed than required is known as disguised unemployment.
- It is a common form of unemployment in rural areas.
- Disguised unemployment will occur when more people are engaged in a job than required.
- A study conducted in the late 1950s reported that one-third of agriculture workers in India as disguisedly unemployed
- Unemployment is the situation where a person is searching for a job but not able to get one.
Additional Information
- Seasonal unemployment is the unemployment that occurs during a certain season of the year.
- Unemployment of the farmers during non-crop season is an example of seasonal unemployment.
- Structural unemployment is unemployment that arises due to the change in the structure of the economy.
Last updated on Jun 6, 2025
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