3 years ago

How does unemployment affect the economy

Social Studies

2 answers:

MrRa [10]3 years ago

7 0

The unemployed effect the employed because the ripple effects the overall economy.

Anna11 [10]3 years ago

4 0

However, unemployment causes a sort of ripple effect across the economy. ... Again that loss in disposable income becomes a ripple effect, and less money will be spent in the economy, leading to more people losing their jobs and it starts to become a vicious cycle unless it is broken by changes in policy or other factors

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