Asked by Emma
Can someone check my answers? "Explain how unemployment affects the following groups. Give at least 3 examples for each of the groups; Laborers, Businesses, and Government"
Laborers:
1) No longer has a job
2) Families can hurt from lack of money
3)Poor morale can lead to future risk of losing jobs
Businesses:
1) Damages customer Relationships
2) Lack of workers effects productivity
3) Remaining workers have poor morale
Government:
1)Loss of productivity loses money
2)Laying off workers can lead to strokes, effecting economies.
3) Angry citizens can effect representatives in office, losing votes and support.
Laborers:
1) No longer has a job
2) Families can hurt from lack of money
3)Poor morale can lead to future risk of losing jobs
Businesses:
1) Damages customer Relationships
2) Lack of workers effects productivity
3) Remaining workers have poor morale
Government:
1)Loss of productivity loses money
2)Laying off workers can lead to strokes, effecting economies.
3) Angry citizens can effect representatives in office, losing votes and support.
Answers
Answered by
Reed
I agree with your answers for #1. I'd double check your answer about productivity for businesses. I do agree with your answers 1 & 3.
For government, I think there are better answers. Here are some articles that should help you:
http://www.google.com/search?sourceid=navclient&aq=&oq=effects+of+high+unemployment+on+government.&ie=UTF-8&rlz=1T4VRHB_enUS648US649&q=effects+of+high+unemployment+on+government.&gs_l=hp....0.0.0.14655...........0.D05L8soXp0s
For government, I think there are better answers. Here are some articles that should help you:
http://www.google.com/search?sourceid=navclient&aq=&oq=effects+of+high+unemployment+on+government.&ie=UTF-8&rlz=1T4VRHB_enUS648US649&q=effects+of+high+unemployment+on+government.&gs_l=hp....0.0.0.14655...........0.D05L8soXp0s
Answered by
Emma
For business could I put instead of 2) Lack of workers effects productivity, I put 2) Less demand for goods and services, and for Government 1)Fewer tax revenues and 2)Higher welfare costs?
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