MP Board · Class 11 · Economics · Employment: Growth, Informalisation and Other IssuesJobless growth refers to a situation where:
Step-by-Step Solution
Jobless growth is a situation where the economy's gross domestic product grows faster than the employment opportunities.
Detailed Options Breakdown
Option : GDP grows without generating adequate employment (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: Employment grows without GDP growth
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Employment: Growth, Informalisation and Other Issues.
Option 2: Both GDP and employment decline
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Employment: Growth, Informalisation and Other Issues.
Option 3: Population grows rapidly
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Employment: Growth, Informalisation and Other Issues.
💡 Study Guide: This question tests core syllabus concepts from Employment: Growth, Informalisation and Other Issues. For formulas, key summaries, and mock exam reference guides, read the full Employment: Growth, Informalisation and Other Issues Revision Notes.