Industrial Development as a Precondition for Unemployment Eradication
The question asks about the role of industrial development in relation to unemployment. It suggests that industrial development is a necessary first step or condition for a specific outcome concerning unemployment.
Understanding the Concepts
Industrial development refers to the growth and expansion of industries within an economy. This typically involves setting up new factories, increasing production, and adopting new technologies. Unemployment is the state where individuals who are actively seeking work are unable to find employment. We need to determine what effect industrial development has on unemployment based on the given options.
Analyzing the Options
- 1. Acceleration: This means to speed up. Industrial development aims to create jobs, not to speed up or increase unemployment. So, this option is incorrect.
- 2. Eradication: This means to completely get rid of or eliminate something. When industries develop, they create more job opportunities. This increased demand for labor helps reduce the number of people who are unemployed, moving towards the goal of eliminating unemployment. This aligns with the idea of industrial development being a precondition for tackling unemployment effectively.
- 3. Encouragement: This means to support or promote something. Industrial development does not encourage unemployment; it aims to reduce it. So, this option is incorrect.
- 4. Addition: This means adding something. Industrial development leads to the addition of jobs, not the addition of unemployed people. So, this option is incorrect.
Step-by-Step Explanation
- Identify the core relationship: The question links "Industrial development" to a process affecting "unemployment".
- Consider the impact of industrialization: Developing industries typically leads to increased economic activity.
- Connect industrialization to jobs: Increased economic activity usually means more businesses, factories, and services are established or expanded.
- Establish the effect on employment: These new and expanded businesses require workers, thus creating more employment opportunities.
- Determine the outcome for unemployment: When more jobs are created, the number of people without jobs (unemployed) decreases. The ultimate goal is often to reduce unemployment significantly, ideally leading to its eradication.
- Evaluate options against the outcome: Options like acceleration, encouragement, and addition do not accurately describe the positive impact of industrial development on unemployment. Eradication, meaning elimination, is the most fitting outcome that industrial development helps achieve.
Therefore, industrial development is considered a fundamental prerequisite for the eradication of unemployment, as it provides the necessary economic foundation and job creation potential.
Important Questions from Unemployment & Poverty
________ arises when the qualification of a person is NOT sufficient to meet his/her job responsibilities.
Which of the following are regarded as the causes of poverty in India?
(i) Low resources endowment
(ii) Inequality in the distribution of income and assets
(iii) Lack of access to social services.
_____ unemployment attributable to the time required to match production activities with qualified resources.
In 2005, an expert group was constituted by the Planning Commission to review methodology for poverty estimation. It was chaired by ____.
______ is a kind of unemployment in which there are people who are visibly employed but are actually unemployed or not utilizing their proper skills to its maximum level.
