OTE2601
Assignment 1 Semester 1 2024
Detailed Solutions, References & Explanations
Unique number: 809035
Due Date: 3 May 2024
Question 1
1.1.
Unemployment in any country can have wide-ranging and severe effects on both the
economy and the overall well-being of its citizens. Firstly, the most obvious result of
unemployment is the loss of income for those who are directly affected. This can lead to
financial hardship, an inability to afford basic necessities, and, in extreme cases,
homelessness and poverty. These individuals may also struggle to maintain their mental
and physical health due to the stress and anxiety caused by their financial instability.
Terms of use
By making use of this document you agree to:
• Use this document as a guide for learning, comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
• Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.