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In the given below these are two statements a mark as Assertion (A and Reason (R)read the statement and choose the correct option
Assertion (A) unemployment leads to wastage of manpower resources.Reasons?
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In the given below these are two statements a mark as Assertion (A and...
Assertion (A): Unemployment Leads to Wastage of Manpower Resources
Unemployment is a critical issue that affects not just individuals but also the economy and society as a whole. It signifies a scenario where individuals who are willing and able to work cannot find jobs, leading to several detrimental consequences.
Reasons for the Assertion
  • Underutilization of Skills: Unemployed individuals possess skills and talents that remain untapped. This underutilization results in a loss of potential productivity, which could have contributed to economic growth.
  • Economic Cost: High unemployment rates lead to increased government spending on social welfare programs, as more individuals rely on state support. This diverts resources away from productive investments.
  • Social Impact: Unemployment can lead to social unrest, crime, and a decline in community morale. When people are unable to secure jobs, it can result in feelings of hopelessness and frustration.
  • Skill Degradation: Prolonged periods of unemployment can lead to a deterioration of skills, making it even more challenging for individuals to re-enter the job market. This phenomenon is referred to as "skills mismatch."
  • Impact on Future Productivity: The long-term unemployed may find it increasingly difficult to get hired, leading to a cycle of poverty. This affects the overall productivity of the economy, as less manpower is available for growth.


Conclusion
In summary, unemployment is more than just a statistic; it signifies the loss of valuable human resources. Addressing this issue is crucial for enhancing economic stability and fostering social welfare. By focusing on job creation, reskilling, and supportive policies, societies can mitigate the effects of unemployment and harness the full potential of their manpower resources.
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In the given below these are two statements a mark as Assertion (A and Reason (R)read the statement and choose the correct option Assertion (A) unemployment leads to wastage of manpower resources.Reasons?
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In the given below these are two statements a mark as Assertion (A and Reason (R)read the statement and choose the correct option Assertion (A) unemployment leads to wastage of manpower resources.Reasons? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In the given below these are two statements a mark as Assertion (A and Reason (R)read the statement and choose the correct option Assertion (A) unemployment leads to wastage of manpower resources.Reasons? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the given below these are two statements a mark as Assertion (A and Reason (R)read the statement and choose the correct option Assertion (A) unemployment leads to wastage of manpower resources.Reasons?.
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