Unemployment questions
1. What are the main causes of unemployment?
Technological advancement, structural changes, and global competition.
2. What is technological unemployment?
Displacement of workers by technology.
3. What can result from structural changes in the economy?
Structural unemployment.
4. How does a skills gap affect unemployment?
Leads to structural unemployment.
5. How can governments reduce structural unemployment?
Improving education and training programs.
6. What role does entrepreneurship play in addressing unemployment?
Fosters job creation and economic growth.
7. What can governments implement during economic downturns to reduce unemployment?
Stimulus packages.
8. How can encouraging foreign investment help unemployment?
Leads to expansion in various industries.
9. What are two strategies for addressing global competition's impact on unemployment?
Fostering international collaborations and encouraging foreign investment.
10. What is crucial for ensuring long-term sustainable employment?
Adapting strategies.