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Difference between open and disguised unemployment.

open unemployment

open unemployment Refers to the situation when people do not get any kind of work to meet their basic needs and they remain completely inactive.

disguised unemployment

disguised unemployment Refers to the situation when people are clearly working but all of them are forced to work less than their capacity throughout the day and earn little.

Key difference between open and disguised unemployment-

open unemployment

  • In this unemployment, the person has no job and is unable to earn his livelihood.
  • It is clearly visible to others.
  • This unemployment exists among the educated unemployed.
  • Unemployment of people will affect the production of goods and services in an economy.
  • In this, a person is ready to work, but does not get work.

disguised unemployment

  • In this unemployment, the person works in a place where more people are not needed.
  • This unemployment is hidden.
  • This unemployment is mostly present in the agricultural sector in rural areas.
  • Unemployment of the people will not affect the production of goods and services as there are already more workers than necessary.
  • In this, the person is working, but at a salary less than his capacity.

Question and Answer (FAQ)

What is open unemployment?

open unemployment Refers to the situation when people do not get any kind of work to fulfill their basic needs and they remain completely inactive.

What is disguised unemployment?

disguised unemployment Refers to the situation when people are clearly working but all of them are forced to work less than their capacity throughout the day and earn little.

also read – What do you understand by universal suffrage?

Read in Hindi: Difference between open and disguised unemployment.
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