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Difference between disguised unemployment and under employment |
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Answer» Disguised unemployment = a situation of unemployment wherein more people are engaged in work than required.Marginal productivity of labour is zero or negative. Underemployment = a situation in which people are working less than what they are capable of doing. Seasonal Unemployment:*Getting employment only for the part of the\xa0year in certain sectors, like agriculture is\xa0called seasonal unemployment.*It is mostly found in agro-based industry.\xa0*It is found both in rural as well as urban areas.\xa0*There are certain busy seasons when sowing, harvesting, weaving and threshing is done.Disguised Unemployment:*A situation wherein marginal productivity of\xa0labour is zero. It is not visible and found among wage earners, mostly in agriculture.\xa0*It is mostly found in agriculture\xa0*It is found in rural sectors only.\xa0*The work requires the service of five people but engages eight people. |
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