State four negative effects of unemployment on a country?


Question: State four negative effects of unemployment on a country?

Unemployment can have several detrimental effects on a country. Firstly, it can lead to a decrease in national income and higher government spending on social welfare programs, straining public finances. Secondly, unemployment can cause a reduction in consumer spending, which negatively impacts businesses and can lead to further job losses. Thirdly, high unemployment rates may result in increased social problems, such as crime and poverty. Lastly, it can lead to a waste of human resources, as the skills and talents of the unemployed are not being utilized for the country's development.

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