Unemployment in Macroeconomic Theory Essay Example | Topics and Well Written Essays - 1500 words

Unemployment in Macroeconomic Theory - Essay Example The farmer will not get the job of the mismatch skills. Another cause of structural unemployment is the geographical immobility. This is a situation where an individual is not able to move to another place for a job opportunity. He or she mays decided to remain jobless due to the fact that he or she cannot move to another geographical area even if a job is guaranteed. Some of the reasons behind are family’s issues or health issues. One can leave a job opportunity and remain close to the family. Change in technology can also cause structural unemployment. This is because some people are resistant to change. When new technology is introduced, they find it difficult to adapt to its use. Some are forced to quit their jobs due to the technology illiteracy. However, structural unemployment issue can solved if people accept to go for retraining if they want to be considered in re-employment. People searching for jobs should also accept to change their geographical locations if the jo b opportunity demands them to. Furthermore those who are working in technology driven companies should be able to adjust to the changes in technology. Another type of unemployment is the frictional unemployment. This type of unemployment occurs when one leaves the current and become unemployed when he or she is still looking for another job. Some can leave their jobs just to have time to relax themselves (Wessels, 93). The main cause of this type of unemployment is the movement of people between jobs, locations or careers. One of the cause of this unemployment is when someone is fresh from college and do not understand the labor markets. The graduate will be expecting to get a better paying job. During this time... The intention of this study is to provide comprehensive theoretic analysis of the issue of unemployment and also determines the ways of addressing this problem, in order to achieve high levels of economic development. There are many effects that are caused by unemployment, which can either be direct or indirect. Unemployment is situations where people who get job they are searching. These people do have any income. They have to look for other options that will help them get jobs. Unemployment can either be voluntary or involuntary. Voluntary unemployment is where one renders himself or herself jobless knowingly. This is caused by many factors both economical and in the markets. Another type of unemployment is the structural unemployment. This is a type of unemployment where capital labor situations make people to be unemployed. These capital labor situations reduced labor demand. Structural unemployment always occurs when the new job vacancies mismatch with the skills that are available. Frictional unemployment occurs when one leaves the current and become unemployed when he or she is still looking for another job. Some can leave their jobs just to have time to relax themselves Cyclic unemployment is the most volatile type. It is caused by lack of goods and services demand. It is sometimes referred to as demand deficient unemployment because it is related to the economic capacity. It always occurs when GDP growth rate moves in moves in different direction with the rate of employment.

Russia 1917-1941. Rise of Nazism in Germany, World War II Essay

Russia 1917-1941. Rise of Nazism in Germany, World War II - Essay Example When the autocratic rule of Russia crumbled in the revolution of 1917, it was due to a variety of underlying and systemic causes that were rooted deep in the empire's history. These economic, social and political problems were reinforced and exacerbated mainly by the First World War (1914-1918), but also by the Russo-Japanese war of 1904-05, that created and resulted in the same kinds of problems and revolts experienced in 1905. The policies imposed by Nicholas II, his predecessors and his ministers mostly served to aggravate rather than to alleviate the discontent of the Russian people. These policies and resulted in the riots and strikes that led to revolution in 1917. The situation in Russia around the turn of the century was complicated and the nation was difficult to rule. There existed a huge diversity of ideologies and identities within the Empire, making it hard for the Tsar to keep his authority and control. The influence that his two most recent predecessors had on the empire was contradictory; Alexander II was known as "the Tsar Liberator", and he introduced many reforms, such as the Emancipation Edict; and, Nicholas I, known as the "Reactionary Tsar", with his counter-reforms. Tsar Alexander III, who was crowned Tsar in 1894, wanted to "uphold the principles of autocracy" like his father, meaning the three reactionary principles: autocracy, orthodoxy and nationalism. Tsar Nicholas II was a weak and indecisive leader, unable to delegate his tasks and he generally cared too little for his people. One might argue that the only loyalty the Tsar had was to God, due to the orthodox belief that he was chosen and guided by God himself. Article On e of the Fundamental Laws of the Empire stated that: "God himself commands that this supreme authority be obeyed". The causes of the 1917 revolution included Russia's social, economic and political problems. Socially, Tsarist Russia stood well behind the rest of Europe in its industry and farming, resulting in few opportunities for advancement on the part of peasants and industrial workers. The discontent came from centuries of oppression of the lower classes by the Tsarist regime, and their considerable lack of rights. The rapid industrialisation of Russia also resulted in urban overcrowding and poor conditions for urban industrial workers. Economically, widespread inflation and famine in Russia contributed to the revolution. These economic stimuli originated in Russia's outdated economy and the Tsar's failure to modernize it. The rural agrarian economy struggled to produce enough food to feed the cities each year, and despite the vast expansions under Sergei Witte of the railway systems, they also lacked the ability to effectively transport the food into the cities. Factory workers also suffere d as Russia's young and undeveloped industrial base sought to catch up with the rest of Europe. They had to endure terrible working conditions and low wages. The sporadic riots did not create a calm context in which to develop an industrial foundation peacefully or methodically. Politically, the people of Russia resented the autocracy of Tsar Nicholas II. Most segments of Russian society had reason to be dissatisfied. They had no representation in government, and the Tsar remained out of touch with the people. This was seen on the "Bloody Sunday" of 1905 where his people came in peaceful demonstrations to his palace, which he had left, and were shot at by his army. Ultimately, a combination of these three factors, coupled with the development of revolutionary ideas and movements, laid the foundations for the Russian Revolution. This discontent of Russia's people