Browsing by Author "Muhammad Zaid Akram"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Impact of Liberalism and Market Economy on Youth Unemployment, A Case Study of Punjab, Pakistan
    (UMT, Lahore, 2023) Muhammad Zaid Akram
    The goal of this study was to identify the economic factors that contribute to unemployment in Pakistan. Unemployment is a political and social problem in every country. Pakistan's main problem is unemployment. This problem is recognized as the most difficult problem in the entire globe. Additionally, Pakistan's educational system, which provides little in the way of exposure to technology and skill-based learning, can be related to both the source and the effect of the country's high unemployment rate. Money lost as a result of unsteady circumstances like terrorism, bigotry, great fury, a lack of support networks, etc., is another important cause. Because of inadequate tax collection, a shortage of energy, skilled workforce, and inconsistent government policies, Pakistan has one of the smallest industrial sectors among developing countries. Free trade, capital, and the belief that sustained economic growth is the greatest way to improve society are usually used to define liberalism. It also highlights how open little governments are to social and economic interactions. The study also illustrates the link between inflation and unemployment.