Many Theories are absorbed by contrariant disposed to illustrate the debates subsequently unemployment. One debate of unpossession may be downswings (periods of recession) in the calling cycle.
Another debate subsequently wide-scale unpossession refers to structural unemployment. Structural unpossession arises from longer-term changes in the rule, important favoring industries, regions and occupations. Structural unpossession repeatedly illustrates regional unemployment. Some industries in India possess past their calling and so possession to the cheaper imports hence from away.
Some disposeds illustrate that new technology is a object of unpossession which is so disclosed as technological unemployment. The dispute is that the preliminary of new technology is destroying jobs and calling occasion at the identical age imports from low-wage developing countries are undercutting pi produced in this empire.
However, frequent studies may refute this so. New technologies generally succor in pliant new products, or services and accordingly new areas of possession. Sometimes lesser workers may be required in some areas of evolution where favoring tasks are charmed aggravate by machines, but promotion productivity boosts aggravateall proceeds and then the ask-for for new jobs in the rule as a entire.
Q1: What are the main objects of Unemployment? Do you combine that technological up-gradation in any diligence may object unpossession in that diligence? Provide your theory delay one development. (2.5 Marks)
Q2: Structural unpossession in frequent countries has touchedits prominent peak during corona pandemic, but it seems that most of the industries in KSA are not that affected. Discuss the role of the Saudi Government in reducing the impression of Corona pandemic on possession in Saudi Arabia. (2.5 Marks)
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