is job consider as a resource?
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01-18-2013, 06:51 AM
Post: #1
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is job consider as a resource?
hi everyone, I have two questions about our economy, can someone please help me. Thanks
1. is job consider as a resource? 2. workers is consider as a resource. Now many people are unemployment. so jobs is a scarce resource? (Many workers supply, less jobs demand) Ads |
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01-18-2013, 06:59 AM
Post: #2
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1. Answers to the questions are as:
Q1. is job consider as a resource? Ans: Employees working in an organisations are certainly a resource. Q2. workers is consider as a resource. Now many people are unemployment. so jobs is a scarce resource? (Many workers supply, less jobs demand) Ans: - Many workers are unemployed because the country's economy is not growing enough. - Economic growth depends on a number of factors: Physical resources, financial resources, availability of suitable technologhy, demand for products in the country as well as in international market, political and social stability. -Production, or economic growth, is the function of: ---Land ---Labour ---Capital, and ---Organisation(Entrepreneur plays a vital role in this regard) Full Employment: .... .............. ...... 2. In this connection, it will be useful to read an article on Full Eemployment at the folowing site: http://en.wikipedia.org/wiki/Full_employment . Ads |
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