Question 22 of 33
Q.Define 'Full employment'.
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024Subjective· 2mImportance★★★★★
67% · 22/33 Questions
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Start your 14-day free trial to unlock the full solution →Full employment is a state where everyone willing and able to work at the prevailing wage rate finds work, with no involuntary unemployment.
Full employment does not mean that every single person in the country is employed (100 per cent employment). It is defined as a situation in which all those who are willing and able to work at the existing (prevailing) wage rate are able to get employment.
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