List the Four Types of Unemployment

question 110

Short Answer

List the four types of unemployment.

---

Definitions:

Intrinsic

Relating to the fundamental nature or inherent qualities of something, often implying an internal motivation or value.

Extrinsic

Relating to external factors or rewards that motivate behavior, such as money, grades, or recognition, as opposed to intrinsic motivation which comes from within the individual.

Flextime

A flexible work schedule arrangement that allows employees to alter their start and end times, typically to accommodate personal needs and improve work-life balance.

Specified Limits

Predetermined boundaries or parameters that define acceptable levels of variation for process outputs, quality standards, or other measurable factors.