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Writer's pictureSARAVANAKUMAR K

Basic Economic Problem


Political instability

Political instability is the major issue around the government as well as for people. people think that the government is not doing the correct things for them. It's political instability and a very repeating situation that puts people's lives at every risk.


Unemployment

It's a situation where a person is able and willing to do work but do not get the job at the existing wage rate.

Disguised, seasonal, industrial, educated, cyclical, structural unemployment are some types of unemployment.


Savings

Savings is a very big problem for people. when unemployed people are not able to save some money for their future needs to spend on education, health, and daily needs etc....they suffer a lot. So savings is a must, save some money to live a comfortable life in the future.

Housing

In this economic problem, the most important thing is that housing for the people. Many people are uneducated and unemployed and they didn't know about the government schemes for housing, many people didn't have their own houses because they are living in a rented house. Poor people didn't even have a house. This is the most economic problems of the people.

Health

Health is very important for each and every one of us. When people save money then they can make good health in a proper way. First thing is to take proper food and water. Second thing is to take a good sleep. These are all the problem which leads to poor health.




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