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Unemployment - Lord J. M. Keynes

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Types of unemployment in economics 'Unemployment -  Lord J. M. Keynes 'Unemployment is the prevailing situation in the labor market when people are unable to find work despite their willingness and ability to work at the prevailing wage rate. ' Teaching Objectives To enable the students to get acquainted with the understanding the problem of Indian Economy i.e. unemployment and the measures taken by Govt.  Preface In recent times, the Indian economy has become one of the fastest-growing economies in the world. Unemployment is one of the most serious economic and social problems facing our country. Unemployment is a problem in rural as well as urban areas. Unemployment wastes human resources in the country. The saying 'Empty mind is Satan's house is really true. Unemployed persons are usually involved in anti-social and anti-national activities like gambling, mutiny, robbery, cheating, crime, extortion, land encroachment,  etc. Unemployment reduces the national incom...
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