Question

Part 2:Explain how unemployment impacts each of the following groups:
• laborers
• businesses
• government

Part 3: Explain how the three groups are connected in regard to unemployment. How does a
change in one group affect the other two? For example, if a business lays off thousands
of employees, what impacts (social, political, or economic) might the lay-offs have on
government and laborers? I have part 2 done I only need help with part 3, thanks in advance.

Answer 1

For part 3, I'll write you a portion of it

Laborers, businesses, and the government are all very much like an important keystone in an arch. If one stone is moved, the whole arch collapses. Likewise if one group is affected, the other dependents will be affected. Laborers are dependent on businesses to hire and pay them to support their own lives. Businesses are dependent on the government for loans and various tax incentives to keep their businesses up and going. The government is dependent on businesses for taxation. The businesses are dependent on laborers to do the work for them and run their business to bring in sales. Evidently, these 3 major groups are critical to one another in this ongoing chain.

You can just bounce of what I just wrote to figure out the last part. It's quite self explanatory

Answer 2

for part 2 mhm.....