Question

studies have shown that unemployment causes group of answer choices increased expenditure on food. more spending on child care because more mothers go to work. increased health problems. little impact since most people receive unemployment benefits.

Answer 1

Unemployment results in financial stress and potential health problems for individuals, changes in family dynamics including increased spending on child care, and economic costs to society in unused resources.

Step-by-step explanation:

Unemployment, the subject of this question, has a significant impact on a person's life and on society as a whole. One consequence of unemployment is the financial stress it places on individuals and their families as they wonder where the next paycheck will come from. This stress can lead to various changes, such as decreased spending on food and other necessities due to a lack of income.

Another impact of unemployment is the effect on a person's health. The stress and worry associated with unemployment can increase the risk of developing health problems. Additionally, unemployment can result in changing roles within a family. For instance, more mothers may enter the workforce and thus increase spending on child care.

Unemployment also carries economic costs for the whole society. A high level of unemployment means that economic resources are not being fully used. It is like a company having a functional but unused factory. The opportunity cost of unemployment is the output that the unemployed workers could have produced.

Learn more about Unemployment Consequences