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Unemployment occurs:

A. for a variety of reasons.B. regionally when businesses or factories close.C. nationally when a recession hits.D. All of these are true.

User Joe Thor
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3 votes

Answer:

option D) is correct

Step-by-step explanation:

The reason for unemployment are variable and there can be many reasons for unemployment.

Unemployment results from closing of factories and business breakdown as many workers or the firm employers are rendered jobless with nothing to do.

When there is recession nationally, then unemployment rates increase as the nation or the economy suffers from a breakdown, and is not able to serve its people. Due to recession everything suffers as a result of economy contraction - GDP drops, income drops, retail, sales and hence employment, everything suffers.

Therefore, all the mentioned points are true

User YTerle
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