is job consider as a resource?

hi everyone, I have two questions about our economy, can someone please help me. Thanks

1. is job consider as a resource?

2. workers is consider as a resource. Now many people are unemployment. so jobs is a scarce resource? (Many workers supply, less jobs demand)

Comments

  • 1. Answers to the questions are as:

    Q1. is job consider as a resource?

    Ans: Employees working in an organisations are certainly a resource.

    Q2. workers is consider as a resource. Now many people are unemployment. so jobs is a scarce resource? (Many workers supply, less jobs demand)

    Ans:

    - Many workers are unemployed because the country's economy is not growing enough.

    - Economic growth depends on a number of factors: Physical resources, financial resources, availability of suitable technologhy, demand for products in the country as well as in international market, political and social stability.

    -Production, or economic growth, is the function of:

    ---Land

    ---Labour

    ---Capital, and

    ---Organisation(Entrepreneur plays a vital role in this regard)

    Full Employment:

    .... .............. ......

    2. In this connection, it will be useful to read an article on Full Eemployment at the folowing site:

    http://en.wikipedia.org/wiki/Full_employment

    .

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