Unemployment and Social Policy

Description: This quiz aims to assess your understanding of the concepts, causes, and consequences of unemployment, as well as the role of social policy in addressing this issue.
Number of Questions: 15
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Tags: unemployment social policy labor economics sociology
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What is the primary cause of cyclical unemployment?

  1. Technological advancements

  2. Fluctuations in economic activity

  3. Changes in consumer preferences

  4. Government regulations


Correct Option: B
Explanation:

Cyclical unemployment is caused by fluctuations in the overall level of economic activity, such as during recessions when businesses lay off workers due to decreased demand for their products or services.

Which type of unemployment is caused by a mismatch between the skills possessed by workers and the skills demanded by employers?

  1. Cyclical unemployment

  2. Structural unemployment

  3. Frictional unemployment

  4. Seasonal unemployment


Correct Option: B
Explanation:

Structural unemployment occurs when there is a mismatch between the skills possessed by workers and the skills demanded by employers, often due to technological changes or shifts in consumer preferences.

What is the main purpose of unemployment insurance?

  1. To provide financial assistance to unemployed individuals

  2. To retrain workers for new jobs

  3. To stimulate economic growth

  4. To reduce inflation


Correct Option: A
Explanation:

Unemployment insurance is a social policy program designed to provide temporary financial assistance to individuals who have lost their jobs through no fault of their own.

Which social policy approach emphasizes the importance of providing job training and placement services to unemployed individuals?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Active labor market policy


Correct Option: D
Explanation:

Active labor market policy is a social policy approach that focuses on providing job training, placement services, and other forms of assistance to unemployed individuals to help them find new jobs.

What is the primary goal of minimum wage laws?

  1. To reduce unemployment

  2. To increase economic growth

  3. To protect workers from exploitation

  4. To stabilize prices


Correct Option: C
Explanation:

Minimum wage laws are social policies that set a minimum wage that employers are required to pay their workers, with the primary goal of protecting workers from exploitation and ensuring a living wage.

Which social policy approach emphasizes the importance of reducing government spending and taxes to stimulate economic growth and reduce unemployment?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Supply-side economics


Correct Option: D
Explanation:

Supply-side economics is a social policy approach that emphasizes the importance of reducing government spending and taxes to stimulate economic growth and reduce unemployment by increasing the incentive for businesses to invest and create jobs.

What is the main purpose of public works programs?

  1. To provide temporary employment to unemployed individuals

  2. To improve infrastructure and public services

  3. To stimulate economic growth

  4. All of the above


Correct Option: D
Explanation:

Public works programs are social policies that involve government-funded projects that provide temporary employment to unemployed individuals, improve infrastructure and public services, and stimulate economic growth.

Which social policy approach emphasizes the importance of providing financial assistance to low-income individuals and families?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Welfare state


Correct Option: D
Explanation:

The welfare state is a social policy approach that emphasizes the importance of providing financial assistance to low-income individuals and families through programs such as social security, unemployment insurance, and food stamps.

What is the primary goal of job creation programs?

  1. To provide temporary employment to unemployed individuals

  2. To create permanent jobs in the private sector

  3. To stimulate economic growth

  4. All of the above


Correct Option: D
Explanation:

Job creation programs are social policies that aim to provide temporary employment to unemployed individuals, create permanent jobs in the private sector, and stimulate economic growth.

Which social policy approach emphasizes the importance of reducing government regulations and promoting free market competition to reduce unemployment?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Laissez-faire


Correct Option: D
Explanation:

Laissez-faire is a social policy approach that emphasizes the importance of reducing government regulations and promoting free market competition to reduce unemployment by allowing businesses to operate without excessive government interference.

What is the main purpose of social safety nets?

  1. To provide financial assistance to low-income individuals and families

  2. To provide job training and placement services to unemployed individuals

  3. To stimulate economic growth

  4. To reduce inflation


Correct Option: A
Explanation:

Social safety nets are social policies that provide financial assistance to low-income individuals and families to help them meet their basic needs, such as food, housing, and healthcare.

Which social policy approach emphasizes the importance of increasing government spending and reducing taxes to stimulate economic growth and reduce unemployment?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Supply-side economics


Correct Option: A
Explanation:

Keynesian economics is a social policy approach that emphasizes the importance of increasing government spending and reducing taxes to stimulate economic growth and reduce unemployment by increasing aggregate demand.

What is the main purpose of unemployment benefits?

  1. To provide financial assistance to unemployed individuals

  2. To retrain workers for new jobs

  3. To stimulate economic growth

  4. To reduce inflation


Correct Option: A
Explanation:

Unemployment benefits are social policies that provide financial assistance to unemployed individuals to help them meet their basic needs while they are searching for a new job.

Which social policy approach emphasizes the importance of controlling the money supply to stabilize prices and reduce unemployment?

  1. Keynesian economics

  2. Classical economics

  3. Monetarism

  4. Supply-side economics


Correct Option: C
Explanation:

Monetarism is a social policy approach that emphasizes the importance of controlling the money supply to stabilize prices and reduce unemployment by regulating the amount of money in circulation.

What is the primary goal of labor market policies?

  1. To reduce unemployment

  2. To increase economic growth

  3. To protect workers' rights

  4. All of the above


Correct Option: D
Explanation:

Labor market policies are social policies that aim to reduce unemployment, increase economic growth, and protect workers' rights by regulating the labor market and promoting fair and efficient employment practices.

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