Define worker population ratio with its significance.
Define worker population ratio with its significance.
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Solution and Explanation
The worker population ratio is an indicator used to study the employment situation of a country.
The question asks for its definition and its significance (3 marks in all).
Step 2: Definition:
It is the total number of workers in a country divided by the total population. It is shown as a percentage.
\[ \text{Worker Population Ratio} = \frac{\text{Total number of workers}}{\text{Total population}} \times 100 \]
For example, if a country has 40 crore workers and 100 crore people, the ratio is 40 percent.
Step 3: Significance:
1. It is used to analyse the employment situation of the country.
2. It shows what part of the population is actively contributing to the production of goods and services.
3. A higher ratio means more people are engaged in economic activity. A lower ratio means fewer people are engaged.
Final Answer:
Worker population ratio is total workers divided by population, in percentage. It is useful to know the employment situation and the share of people who take part in production; a higher ratio means higher engagement.
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