question_answer 2)

Define worker-population ratio.

Answer:

Worker-population ratio is defined as the ratio between the total number of workers in a country and the population in the country, multiplied by 100. Worker-population ratio = Total number of workers / Total population x 100 This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country. It the ratio is higher, it means that the engagement of people is greater, if the ratio is low or medium it implies that a very high proportion of population is not involved in economic activities.