There are numerous causes of unemployment among the poor such as the disappearance of low-skill jobs, discrimination, and the economy itself. List at least three (3) ways that the state and federal government(s) help reduce poverty and unemployment.
There are numerous causes of unemployment among the poor such as the disappearance of low-skill jobs, discrimination, and the economy itself. List at least three (3) ways that the state and federal government(s) help reduce poverty and unemployment.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter12: Income Distribution, Poverty, And Discrimination
Section: Chapter Questions
Problem 6SQP
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There are numerous causes of unemployment among the poor such as the disappearance
of low-skill jobs, discrimination, and the economy itself. List at least three (3) ways that the
state and federal government(s) help reduce poverty and unemployment.
Expert Solution
Step 1
1. Reduction in unemployment by introducing more job opportunities.
Poverty and unemployment are interrelated and one of the major reasons for unemployment is poverty. Unemployed people have less income. Government can use supply-side policies like training schemes. Also, making new infrastructure in poverty-stricken areas can act as an economic stimulus to create new jobs.
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