Class 11 Economics - Indian Economic Development - Chapter Employment: Growth, Informalisation and Other Issues NCERT Solutions | Define worker-population ratio.

Welcome to the NCERT Solutions for Class 11th Economics - Indian Economic Development - Chapter Employment: Growth, Informalisation and Other Issues. This page offers a step-by-step solution to the specific question from Exercise 1, Question 2: define worker population ratio....
Question 2

Define worker-population ratio.

Answer

Worker-Population ratio is defined as the proportion of population that is actively contributing to the production of goods and services. It is measured by the ratio between the country's workforce and its total population. This ratio acts as an indicator for assessing the employment level in a particular country at any point of time. Higher the worker-population ratio higher is the engagement of people in the productive activities and vice-versa. Worker-population ratio is estimated by dividing the total work force by the total population and multiplying by 100. Algebraically,

Worker - population ratio = Total Workforce / Total Population = 100

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