Explain the concept of 'disguised unemployment'.
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Disguised unemployment is a common form of unemployment in rural India. It is a kind of hidden unemployment. Now explaining this concept with the help of an example.
Suppose in a farm of 5 acres if 2 hired workers and 4 sons of a farmer are employed. But the actual need is for 2 hired workers and 2 sons of the farmer only. Thus the remaining 2 sons of the given farmer actually do not contribute productively so they are not required on the farm. Thus they are disguisedly unemployed.
Suppose in a farm of 5 acres if 2 hired workers and 4 sons of a farmer are employed. But the actual need is for 2 hired workers and 2 sons of the farmer only. Thus the remaining 2 sons of the given farmer actually do not contribute productively so they are not required on the farm. Thus they are disguisedly unemployed.
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