Customer Service Chat
Get quote & make Payment
Structural unemployment, Managerial Economics
Caused by structural changes such that there exist:
: During depression, prices are too low and profit margins remain distinctively low. In this case, investment decreases and unemployment increases.
Due to inappropriate technology. Technology is not inappropriate per se but in relation to the environment in which it is applied. In most developing countries, most production structures tend to be labour saving (capital-intensive), which is not appropriate as these countries experience high labour supply. Capital - labour ratios tend to be high in these countries implying that less labour is absorbed compared to capital in production undertakings causing unemployment.
The establishment of new industries decreases the demand for the products of existing industries e.g. the rapid increase in the demand for Japanese industrial products is one reason for greater unemployment in some European countries.
Posted Date: 11/30/2012 2:35:44 AM | Location : United States
Ask an Expert
Structural unemployment, Assignment Help, Ask Question on Structural unemployment, Get Answer, Expert's Help, Structural unemployment Discussions
Write discussion on Structural unemployment
Your posts are moderated
Write your message here..
Arguments against protectionism, Arguments against protectionism Mos...
Arguments against protectionism Most of the arguments for protectionism may be met with counter arguments, but underlying the economic arguments as opposed to the social, mo
Type of economic system, Question 1: (a) Briefly explain and distingui...
Question 1: (a) Briefly explain and distinguish between a centrally planned, laissez-faire and mixed economy. (b) According to you, which kind of economic system is most d
What is labour requirements on the production capacity, Q. What is Labour R...
Q. What is Labour Requirements on the production capacity? Labour Requirements: Spending on labour is one of the most vital elements of cost of production. Dependable and cor
What are the different channels of monetary policy, Question 1: a. What...
Question 1: a. What are the different channels of monetary policy? b. Discuss why the channels of monetary policy are likely to change in the wake of financial liberaliz
Factors influencing demand for a product, Factors influencing demand for a ...
Factors influencing demand for a product These are broadly divided into factors determining household demand and factors affecting market demand . Factors affecting hou
expected profit, The Learned Book Company has a choice of publishing one o...
The Learned Book Company has a choice of publishing one of two books o the subject of Greek mythology. It expects the sales period for each to be extremely short, and it estimates
Inelastic supply, Inelastic Supply Supply is said to be price inelasti...
Inelastic Supply Supply is said to be price inelastic if changes in price bring about changes in quantity supplied in less proportion. Thus, when price increases quantity sup
At what price will demand for product be unitary elastic, Suppose you have ...
Suppose you have estimated the following demand function for the product you sell: Q = 5 - 0.2P At what price will the demand for your product be unitary elastic? (Hint: B
Amount of labor , One lumber producer may locate a plant in the same area....
One lumber producer may locate a plant in the same area. If it does, there will be more competition for labor and the labor supply function facing Northern will shift to
What is the socially optimal market price, Consider a manufactured good who...
Consider a manufactured good whose production process generates pollution. The annual demand for the good is given by Qd=100-3P. The annual market supply is given by Qs=P. In both
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.