Employment Growth Informational and other Issues test - 6

There are four causes of inflation in world food prices. They will drive up food prices in the long run. There are also short-term factors that affect supply and demand. Those include the weather, animal diseases and catastrophes. 

Indian economic policy after independence was influenced by the colonial experience, which was seen as exploitative by Indian leaders exposed to British social democracy and the planned economy of Soviet Union. Domestic policy tended towards protectionism, with a strong emphasis on import substitution industrialisation, economic interventionism, a large government-run public sector, business organisatiob, and central planning.  While trade and foreign investment policies were relatively liberal. Five year plans of India resembled central planning in the Soviet Union. Steel, mining, machine tools, telecommunications, insurance, and power plants, among other industries, were effectively nationalised in the mid-1950s.

Open employment means doing a job which can be done by any person. You do the same job as your co-workers and are paid the same wages. Seasonal jobs are temporary and short-term by definition. For example, retailers hire extra workers for the holiday season, tax preparation firms hire employees for tax season, ski resorts hire workers during winter ski season, and amusement parks hire summer seasonal workers. Disguised unemployment exists where part of the labor force is either left without work or is working in a redundant manner where worker productivity is essentially zero. It is unemployment that does not affect aggregate output.

NSSO  is responsible for conduct of large scale sample surveys in diverse fields on All India basis. The Indian Census is the largest single source of a variety of statistical information on different characteristics of the people of India.  Directorate General on Employment is proposed to have variety of services like information about skill development courses, apprenticeship, internship, career counselling, etc. along with all employment related services.

The following are the main causes of unemployment : Caste System, Slow Economic Growth, Increase in Population, Agriculture is a Seasonal Occupation, Joint Family System, Fall of Cottage and Small industries,  Slow Growth of Industrialisation, Less Savings and Investment, Causes of Under Employment, Defective Planning, Expansion of Universities, Inadequate Irrigation Facilities.

Disguised unemployment exists where part of the labor force is either left without work or is working in a redundant manner where worker productivity is essentially zero. An economy demonstrates disguised unemployment where productivity is low and where too many workers are filling too few jobs.

Self-employed people generally find their own work rather than being provided with work by an employer, earning income from a trade or business that they operate.

He is a self employed. Working for oneself as a freelance or the owner of a business rather than for an employer can be termed as self employed.

Disguised unemployment exists frequently in developing countries whose large populations create a surplus in the labor force. It can be characterized by low productivity and frequently accompanies informal labor markets and agricultural labor markets, which can absorb substantial quantities of labor.

Long term programmes takes a long time to implement and results are also affected. So in order to reduce unemployment at a faster rate short term programmes are better as they will take a short time to implement.