JAMB Economics 1997 Question 29

Question 29

Industrialisation

One of the dangers of the localization of industries is

  1. A.residual unemployment
  2. B.mass unemployment
  3. C.structural unemployment
  4. D.cyclical unemployment.
Show the answer and explanation

Answer: C (structural unemployment)

Explanation

If the one industry a town depends on declines, its workers lose jobs that their skills can't easily switch from: this is structural unemployment.