Question:medium
Suppose an economy is experiencing a situation of rise in Real Gross Domestic Product (GDP), without any corresponding rise in employment opportunities. In economic parlance, such a situation is termed as _________ growth. (Choose the correct option to fill in the blank)
Suppose an economy is experiencing a situation of rise in Real Gross Domestic Product (GDP), without any corresponding rise in employment opportunities. In economic parlance, such a situation is termed as _________ growth. (Choose the correct option to fill in the blank)
Show Hint
Jobless growth means rising output without adequate employment generation.
Updated On: Jan 14, 2026
- casual
- informal
- formal
- jobless
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Show Solution
The Correct Option is D
Solution and Explanation
Jobless growth describes economic expansion that does not lead to a commensurate increase in employment. This scenario signifies an economy growing without generating sufficient new jobs for its populace.
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