Abstract
The purpose of the paper is to find the ultimate determinants - that is, behind and beyond the customary supply and demand forces as revealed in the wage labour market (Wlm) - of the phenomenon of large scale unemployment and/or underemployment to which developing communities are prone. The answer proffered here is that they are located in demographic forces which are responsible for human power quantity outrunning humanpower quality. The latter - as required for economic growth and development - is shown to be function of the economic handicaps consequent upon a high level of human fertility.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.