The Negative Affect of Unemployment On a Nation's Productivity
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Unemployment and underemployment of non-dominant group members have been well-documented throughout the textbook. How do such employment patterns negatively affect a country's productivity?
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This solution describes the detrimental effects of unemployment on a nation's productivity.
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The unemployment and underemployment of non-dominant group members negatively affects the country's productivity, due to the fact that this is a labor resource that is not being efficiently utilized by that nation. One of the reasons that this unemployment and underemployment negatively affects the country's productivity, is due to the fact that this unemployment and underemployment will lead to a situation where these non-dominant group members cannot adequately provide for the needs of their families, and will have to ...
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