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Unemployment is a problem in any economy in the world. Explain five measures that the Kenyan government may take to reduce this problem.

      

Unemployment is a problem in any economy in the world. Explain five measures that the Kenyan government may take to reduce this problem.

  

Answers


Kavungya
(i)Increase government expenditure so as to stimulate aggregate demand
(ii)Encouragement of local and foreign investors through offering various incentives
(iii)Protection of local industries from foreign competition to maintain acceptable employment level domestically.
(iv)Population growth measures
(v)Encourage early retirement so that early retirees can start businesses from retirement benefits.
(vi)Education reforms that impart appropriate skills
(vii)Offering incentives that encourage the use of labour intensive techniques.
(viii)Finding market for locally produced goods
Kavungya answered the question on September 25, 2019 at 12:14


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