Economics JAMB

A strategy for curbing unemployment is to?

A. implement government stabilization policy
B. increase taxes and decrease government expenditure
C. increase government expenditure and decrease taxes
D. ensure even distribution of job opportunities

Correct Answer:

Option D – ensure even distribution of job opportunities

Explanation

An equitable distribution of employment opportunities gives all citizens a fair opportunity to become successful. A situation where people are employed based on favoritism, religious/tribal affiliation, or other partial bases, will hoard jobs from the right people and people who are less qualified and inefficient will be put in charge of certain positions. When employment opportunities are evenly distributed in such a way that every qualified candidate stands an equal chance of employment, unemployment is reduced and wealth distributed evenly.

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