What could cause economic growth in a country with unemployment resources?

Economic study and thought has been around for centuries, and when it comes to studying the economy, growth and jobs are two primary factors that economists must consider. There is clearly a relationship between the two, and many economists have framed the discussion by trying to study the relationship between economic growth and unemployment levels. Economist Arthur Okun first started tackling the discussion in the 1960s, and his research on the subject has since become known as Okun's law

In its most basic form, Okun's law investigates the statistical relationship between a country's unemployment rate and the growth rate of its economy , Okun's law "is intended to tell us how much of a country's gross domestic product (GDP) may be lost when the unemployment rate is above its natural rate." It goes on to explain that "the logic behind Okun's law is simple. Output depends on the amount of labor used in the production process, so there is a positive relationship between output and employment. Total employment equals the labor force minus the unemployed, so there is a negative relationship between output and unemployment (conditional on the labor force

1. Firstly, and most commonly, growth is defined as an increase in the output that an economy produces over a period of time, the minimum being two consecutive quarters.

2. The second meaning of economic growth is an increase in what an economy can produce if it is using all its scarce resources. An increase in an economy’s productive potential can be shown by an outward shift in the economy’s production possibility frontier (PPF).

1. Planning and providing necessary data and information2. production quality and the provision of appropriate technology, and training specialized human resources3. appropriate economic policies4. Provide security and stability necessary5. dissemination of developmental awareness among citizensIt is the most important requirement of the requirements of economic development and social justice as the lack of availability leads to an imbalance in the development process .ooadha community participation in the development process by involving the community in development decisions and to increase the social acceptance of change toward economic development.

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