How high growth of population leads to unemployment?
India has seen a significant rise in its population, reaching 1.2 billion from the 40 lakhs in 1947.
1. With the rise in population, the demand for more and more services has come into the picture.
2. This has created a fragile situation for the economy, as the demands are high but resources, low.
3. The primary sector accommodates most of the working class, but its contribution to the economy is low.
4. Moreover, various industries have already become saturated due to the high demand for jobs.
As a result, many people are left unemployed.
Couldn't generate an explanation.
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