Discuss five measures that may be taken to solve unemployment in a country.

      

Discuss five measures that may be taken to solve unemployment in a country.

  

Answers


gideon
Diversifying economic activities/introduce variety of economic activities to combat
seasonal unemployment.
Increase government expenditure/projects that create more jobs.
Encourage employment creation in the private sector by creating enabling environment.
Encouraging use of labour intensive method of production.
Adopt relevant education system that is equipped with skills required by labour market.
Rural development by giving incentives to investors to create more employment
opportunities.
Population control e.g. through family planning.
Encourage direct foreign investment by creating conducive environment/in areas that
create more jobs.
Export labour to relieve the country of the burden of excess labour.
gideon1 answered the question on November 2, 2017 at 05:29


Next: Explain five disadvantages of specialization and division of labour to an organization.
Previous: Explain five functions of micro finance institutions in promoting economic activities in a country

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions