compa?ero economic concerns

 socio financial issues Article

п»їAmmaarah kasmani

Grade 10

Your life orientation


Mister. R. Pillay

Development of the self in society

A. Unemployment.

1 ) Introduction

The problem of lack of employment is one of the most serious long term economic issue challenges during the past decades. Lack of employment is a main cost for the economy not only in the conditions of shed production, it also involves key, long-term sociable cost including increased inequality, poverty, friends and family problems, criminal offense and cultural division.

One of the main economic arguments of recent decades has been what must be done in order to lessen unemployment. You will discover major dissimilarities of view among economic analysts about equally what provides caused the increasing standard of unemployment during recent years, and what guidelines that might be utilized to reduce lack of employment in the many years.

2 . Reasons for Unemployment

2 . 1 . Insufficient education:

Not enough education is definitely major issue in our community and round the world. This is due to of: Poverty-

Father and mother cannot afford to send their children to higher schools and give them with enough education.

Deficiency of facilities in schools-

Schools that the poor send their children have no workstations, chairs, books, etc . and these children cannot function under trees and shrubs. There are on-going strikes that affect the students' education.


Drugs have invariably been a major concern around the world. Pupils are exposed to medicines and presently there addiction leads them to losing out of faculty and begin working in order to manage to afford more drugs.

Teen pregnancy-

Young pregnancy is definitely not always the cause of lack of education, where a few girls cease the child and move on utilized to, others on the other hand do not have the " heart” to leave their child and therefore leave college.

2 . installment payments on your HIV/AIDS:

HIV/AIDS is a very common disease. Many people who have this kind of disease continue to be unemployed as a result of inability to work, remain focus and provide the best quality of required by the business. Businesses need to proceed in order to make a profit and cannot depend on personnel with HIV/AIDS who miss work generally and are unable to keep up with the standards of work that may be expected.

a few. The impact of unemployment

three or more. 1 . Local communities

Poverty has a immediate impact on our economy. An increase in the amount of unemployed persons leads to a rise in the number of people who are dependent on interpersonal assistance/welfare courses. In other countries such as South Africa, one could get a cost-free house, free of charge primary education, free health care and a limited amount of free electricity and water. This puts a big burden around the countries taxpayers and requires a huge portion out of the countries budget. This coupled with the very fact that we now have a lower number of taxpayers.

3. installment payments on your Global communities

It triggers high enhance rate in poverty and crime. Joblessness adversely affects our community because fewer income is being brought into the city to spend by local retailers and businesses. Also, you will discover more foreclosures bring home values down because fewer people can afford to spend the mortgage loan. Poverty has already been an issue around the world, unemployment has contributed towards it in a depressed manner, wherever employment is supposed to reduce low income, and the not enough employment is an essential causes of lower income. Crime is definitely caused by the two unemployment and poverty, the crime rates have been completely increasingly speedily and research shows that the main reason is joblessness and poverty.

4. Tips on how to combat lack of employment

How I is going to address lack of employment

-Essentially better education.

Demonstration and create letters for the government to work with the taxes money in better education for the under happy and sad.

-Investment to develop more work opportunities.

-Fostering economic growth in the area.

-Tourism can be described as prominent job creator due to many opportunities for semi skilled labor, and because Southern region Africa's folks are...

Bibliography: Range; Mallgee; Mayhew; Deventer (2011) Focus Business Studies, Johannesburg; Maskew Miller Longman.

Expect Children's Team (2009) Low income In Our Community [WWW]. Available at (accessed twenty fourth August 2013)

Yahoo! Voices (2010) Poverty In Areas [Online]. Available at (accessed fourth September 2013)p