Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:
An economy manages to increase its growth without increasing the employment level. What will this situation be called as?
Options:
Constant job growth
Unemployment growth
Jobless growth
Jobless Development
Correct Answer:
Jobless growth
Explanation:
When an economy manages to increase the production of goods and services without rise in employment level, it is called as jobless growth.