Question 9 of 28beginner🧠 RememberVery Short1 mark
Define worker-population ratio.
Correct Answer
Worker-population ratio is an indicator used for analysing the employment situation in the country. It is calculated by dividing the total number of workers by the total population and multiplying by 100. It indicates the proportion of population that is actively contributing to the production of goods and services of a country.
Exercise: EXERCISES | Q: 2 | (Page 19)
For More Understanding
Explanation
The textbook defines worker-population ratio as an indicator for analysing employment. It highlights that this ratio reveals the proportion of the population actively contributing to production. The formula provided in the text is: (Total Number of Workers / Population) × 100.