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Give reasons for labour retrenchment in the present situation. - Economics

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प्रश्न

Give reasons for labour retrenchment in the present situation.

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उत्तर

  1. Modem technology being capital intensive requires less labourers and contributes to ’ technological unemployment.
  2. Now a days, invention and innovations lead to the adoption of new techniques there by the existing workers are retrenched.
  3. Labour saving devices are responsible for technological unemployment.
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अध्याय 3: Theories of Employment and Income - Model Questions [पृष्ठ ५०]

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सामाचीर कलवी Economics [English] Class 12 TN Board
अध्याय 3 Theories of Employment and Income
Model Questions | Q 24. | पृष्ठ ५०
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