Question
Voluntary Unemployment and Involuntary Unemployment.
| Voluntary Unemployment | Involuntary Unemployment |
| (i) Voluntary unemployment arises when people are fit to work but not willing to work. | (i) Involuntary unemployment arises when people who are able and willing to work at the existing wage rate, do not find employment. |
| (ii) The idle rich belong to this category. | (ii) It is generally found among educated and skilled workers. |
| (iii) It is not considered a serious problem. | (iii) It gives rise to serious economic and social problems. |
| (iv) The Government cannot solve the problem of voluntarily unemployed people. | (iv) The Government can solve the problem of such people. |
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