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Question 20 of 33

Q.Structural unemployment is a feature in a __________.

(a) Dynamic society
(b) Static society
(c) Mixed economy
(d) Socialist society
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
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Structural unemployment is a feature of a dynamic society, where continuous structural change in the economy makes some workers' skills or industries redundant.

Structural unemployment occurs because of fundamental changes in the make-up of the economy: introduction of new technology, shifts in consumer demand from one product to another, decline of old industries and rise of new ones, and mismatch between the skills workers have and the skills employers need.

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