frodtmashele frodtmashele

25-05-2022
Business

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conduct a research in your community on the negative impact of strikes as a socio-economic issue on businesses and present your findings

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Martebi Martebi

31-05-2022

The negative impact does strikes have on the economy are:

Negative effect on employment rate.
Reduction in business confidence.

How does strike affect the community?

Others are:

Increased risk of economic stagflation.
Low investment opportunities, etc.

Note that Demonstrations due to striking employees can result in the blockage of traffic routes and thus slow traffic movement.

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