Thursday, July 31, 2014

Why might a government wish to create jobs?

Government wishes to create jobs due to various reasons. Firstly, Job creation increases the production, income and the employment of the country. This gives a greater benefit for the people of the country and the country as well. Secondly this increase in production and income results an increase in economic growth which gives a lot of benefits such as improvement in living standard. Moreover, this helps to achieve government aims of full employment, economic growth and positive results to the balance of payment. And also increase demand for goods and services. wBwy: Awlim.studyguide.

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