Question:
What is Structural Unemployment? -Can it lead to the Negative Multiplier Effect?
Author: eric_galvaoAnswer:
-This is when a Certain Industry or Job has a Decline. This can be due to Changes in Consumers Needs, Technology or Cheaper Alternatives. -Traditional Manufacturing Regions [Shipbuilding in Liverpool] is usually Badly affected by this -Unemployment in Liverpool therefore means Less Spending, which can cause more Unemployment and Less Government Revenue
0 / 5 Â (0 ratings)
1 answer(s) in total