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Consider the following statements about the Worker-Population ratio:
1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country
2. If the ratio is higher, it means that the engagement of people is greater
3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activities
Which of the statement/statements is/are correct?
- a)1 Only
- b)2 Only
- c)3 only
- d)All of them
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements about the Worker-Population ratio:1...
Statement 1: This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country.
The worker-population ratio, also known as the labor force participation rate, helps us understand the proportion of the population that is actively engaged in economic activities. It includes both employed individuals and those actively seeking employment. By calculating this ratio, we can determine the extent to which the population is contributing to the production of goods and services in a country. Therefore, statement 1 is correct.
Statement 2: If the ratio is higher, it means that the engagement of people is greater.
A higher worker-population ratio indicates that a larger proportion of the population is engaged in economic activities. This implies that more people are actively participating in the production of goods and services, which can be an indicator of a thriving economy. Hence, statement 2 is also correct.
Statement 3: If the ratio for a country is medium or low, it means that a very high proportion of its population is not involved directly in economic activities.
A medium or low worker-population ratio suggests that a significant proportion of the population is not actively involved in economic activities. This could be due to various reasons such as unemployment, underemployment, or a large number of individuals who are not seeking employment. In such cases, a substantial segment of the population may not be directly contributing to the production of goods and services. Therefore, statement 3 is correct.
Conclusion:
All three statements are correct. The worker-population ratio provides valuable insights into the proportion of the population that is contributing to the production of goods and services. A higher ratio indicates greater engagement, while a medium or low ratio suggests a significant portion of the population is not directly involved in economic activities.
The worker-population ratio, also known as the labor force participation rate, helps us understand the proportion of the population that is actively engaged in economic activities. It includes both employed individuals and those actively seeking employment. By calculating this ratio, we can determine the extent to which the population is contributing to the production of goods and services in a country. Therefore, statement 1 is correct.
Statement 2: If the ratio is higher, it means that the engagement of people is greater.
A higher worker-population ratio indicates that a larger proportion of the population is engaged in economic activities. This implies that more people are actively participating in the production of goods and services, which can be an indicator of a thriving economy. Hence, statement 2 is also correct.
Statement 3: If the ratio for a country is medium or low, it means that a very high proportion of its population is not involved directly in economic activities.
A medium or low worker-population ratio suggests that a significant proportion of the population is not actively involved in economic activities. This could be due to various reasons such as unemployment, underemployment, or a large number of individuals who are not seeking employment. In such cases, a substantial segment of the population may not be directly contributing to the production of goods and services. Therefore, statement 3 is correct.
Conclusion:
All three statements are correct. The worker-population ratio provides valuable insights into the proportion of the population that is contributing to the production of goods and services. A higher ratio indicates greater engagement, while a medium or low ratio suggests a significant portion of the population is not directly involved in economic activities.
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Community Answer
Consider the following statements about the Worker-Population ratio:1...
- Worker-population ratio is an indicator which is used for analysing the employment situation in the country. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country.
- If the ratio is higher, it means that the engagement of people is greater; if the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activities.
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Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?
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Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?.
Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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ample number of questions to practice Consider the following statements about the Worker-Population ratio:1. This ratio is useful in knowing the proportion of population that is actively contributing to the production of goods and services of a country2. If the ratio is higher, it means that the engagement of people is greater3. If the ratio for a country is medium, or low, it means that a very high proportion of its population is not involved directly in economic activitiesWhich of the statement/statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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