An economy that had almost zero employment, but later came up with many. Is it possible in the real sense?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Yes

Ambiguous

None of the above

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Yes, it is possible that an economy that had almost zero employment later came up with many.
Taking that as an example, Rampur was a tiny community that relied on agriculture, which was reliant on rainfall. Once power was available in the community, residents could irrigate their fields and find employment. Some people established small-scale businesses that could be powered by electricity and gave people jobs. Once a school was created, the populace began to educate themselves, allowing them to look for jobs inside and outside the town. As the hamlet prospered, it soon had greater health, education, transportation, and employment resources. Hence, it is necessary to improve the health, and education infrastructure for employment generation.

Watch 3-min video & get full concept clarity