Widespread unemployment and massive, nationwide home foreclosures are examples of?

1 answer:

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Widespread unemployment and massive, nationwide home foreclosures are examples of public issues. The correct answer is option(b).

Public issues are problems that affect all or a significant portion of the population in a certain location. They could occur in a city, state, country, or even the entire world and can be of an economic, social, cultural, or environmental character. The OECD defines unemployment as those over a certain age who are currently available for work but are not currently employed or self-employed.

The number of jobless persons as a percentage of the labor force is used to calculate the unemployment rate, which is used to calculate the level of unemployment. A society is negatively impacted by unemployment in ways other than merely financially. In addition to losing income, unemployed people frequently experience difficulties with their physical and emotional health. High unemployment has costs for society.

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