Suppose a country is rapidly making the transition from an agricultural-based economy to an economy in which
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Suppose a country is rapidly making the transition from an agricultural-based economy to an economy in which most of GDP comes from manufacturing.
a) How do you think structural unemployment will be affected?
b) Can you think of any measure the government might undertake to affect structural unemployment in this case?
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Impact of Economic Transition on Structural Unemployment a Impact on Structural Unemployment During a rapid transition from an agricultural to a manuf...View the full answer
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