Tag Archives | Full Employment

What is Meant by Full Employment? | Economics

Get the answer of: What is Meant by Full Employment? Unemployment is a social evil. From the economic point of view it represents a waste of society's scarce (and valuable) resources. It thus lends to a permanent loss of society's potential output (GNP). In other words, if there is unemployment, society's actual output or GNP is less than society's potential [...]

By Nipun S|2017-01-13T05:55:18+05:30January 13, 2017|Full Employment|Comments Off

Full Employment: Meaning, Attainment and Problems

In this article we will discuss about Full Employment:- 1. Meaning of Full Employment 2. Government Policies to Achieve Full Employment 3. Attainment 4. Problems. Meaning of Full Employment: One of the main aims of government policy is the maintenance of 'full employment'. The precise meaning of this phrase is a matter of dispute among economists. It may apparently seem [...]

By Samia Rekhi|2016-05-16T07:47:10+05:30May 16, 2016|Employment|Comments Off