I guess this depends on your viewpoint.
Keynesian economics says that to create jobs, the government should add money to the cash flow. They can do this by:
1) Cutting taxes on wealthy people (who then invest their money in businesses who hire people with the new money)
2) Hiring workers to work on government projects (they spend their new income creating other new jobs)
Monetarists think that the only way that real job creation can happen is without government interference. Aggregate demand can only temporarily increase due to government interference and unemployment will return to the "natural" level, which is around 4%.
For futher study check below:
2007-01-24 00:04:20
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answer #1
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answered by Yo, Teach! 4
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We can generate employment by opening up new business ventures, anything you think of, you will have to employ some one for ease of your administration over the new venture. Also you can generate employment by using some techniques where we can reduce the machine work and use more labour work. Ofcourse labour work costs more but it will serve your purpose of generating employment.
2007-01-24 08:04:21
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answer #2
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answered by Crish 3
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In India more and more employment can be generated by having greater development on industrial sector. When more industries come up, skilled and semi-skilled labour can be utilised. Organic and inorganic farming can also generate more employment by providing opportunities to farmers.
2007-01-24 08:05:47
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answer #3
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answered by ajaya_5mishra 1
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now u heard all that bla bla npow here mine
encorage small scale indutries and see employment in buckets cozs thats the way all developed countries have abundant employment for their men
2007-01-24 09:29:48
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answer #4
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answered by niss 3
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What for!
In most areas attrition rates are so high that openings are available for anyone with an urge to work
2007-01-26 04:45:02
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answer #5
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answered by Sri Ram t 3
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well, that's where SEZs come in right?
SEZ = Special Economic Zone
2007-01-26 06:11:43
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answer #6
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answered by sushobhan 6
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