In order to minimize the costs of unemployment, the government can prevent unemployment in many ways. Here are detailed instructions regarding those policies.
Posts tagged as “The Business Cycle”
Unemployment exists when people who are willing and able to work cannot find a job. Specifically, there are seven different types of unemployment.
Different producers should adopt a different business strategy during economic growth, and a different business strategy during economic recession.
The country’s economy usually does not grow at the steady and constant rate, but tends to grow at different rates over time which leads to The Business Cycle.