OTE2601 Assignment 1 Answers | 3rd May 2024 | In-depth Answers provided ensuring a DISTINCTION!

OTE2601 ASSIGNMENT 1 ANSWERS DUE: 3RD MAY 2024
ACE THIS ASSIGNMENT -DETAILED ANSWERS WITH EXTRA
EXPLANATIONS FOR BETTER UNDERSTANDING!




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OTE2601 ASSIGNMENT 1 ANSWERS
DUE: 3RD MAY 2024
ACE THIS ASSIGNMENT -DETAILED ANSWERS
WITH EXTRA EXPLANATIONS FOR BETTER
UNDERSTANDING!
QUALITY WORK ENSURING A DISTINCTION!

, OTE2601 ASSIGNMENT 1 SEMESTER 1 2024

DUE DATE: 3rd May 2024



PREVIEW:

Question 1.2

The main causes of unemployment:

1. Economic recession or downturn

2. Technological advancements

3. Structural changes

4. Inadequate education or training

Unemployment can arise from several key factors, each influencing the labor market
in distinct ways. Here are explanations of some primary causes ……………………..

Economic Recession or Downturn: Economic recessions are characterized by a
significant decline in economic activity across the economy, lasting more than a few
months. In such periods, businesses face……………………………………………….




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