Economics · Unemployment
What is the primary cause of structural unemployment in a developing economy like India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Inadequate productive capacity and institutional mismatch✓
- 2Shortage of raw materials
- 3Deflationary conditions
- 4Decline in heavy industries
Correct answer
Inadequate productive capacity and institutional mismatch
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