Practice The Concept of Full Employment - 3.2 | Chapter 2: Theory of Income and Employment | ICSE Class 12 Economics
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3.2 - The Concept of Full Employment

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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define full employment in your own words.

💡 Hint: Think about what it means for people to have jobs.

Question 2

Easy

What is structural unemployment?

💡 Hint: Consider why some workers may not get jobs despite wanting them.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does full employment indicate?

  • A situation where all jobs are taken
  • A condition where some individuals are unemployed
  • A scenario where everyone who wants a job has one except for frictional and structural unemployment

💡 Hint: Think about how jobs are defined for those looking for employment.

Question 2

Which type of unemployment arises from economic downturns?

  • Structural Unemployment
  • Frictional Unemployment
  • Cyclical Unemployment

💡 Hint: Consider when the economy experiences a decrease in jobs.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how the concept of full employment can be measured in an economy. Discuss which factors influence its attainment in both ideal and challenging economic contexts.

💡 Hint: Consider both economic indicators and external influences on employment levels.

Question 2

Analyze a real-world scenario of government intervention during an economic crisis. How did their fiscal policies impact employment levels, and was full employment achieved?

💡 Hint: Reflect on recent history where analysis of policies led to employment outcomes for clarity.

Challenge and get performance evaluation