If the Total Population Is 175 Million, the Labor Force

question 6

True/False

If the total population is 175 million, the labor force is 100 million, and 89 million workers are
employed, then the unemployment rate is 11 percent.

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Definitions:

Economic Development

The process by which a country improves the economic, social, and political well-being of its people through growth and the efficient management of resources.

Social Classes

Categories of individuals in a society distinguished by relative position or status, often determined by wealth, occupation, education, or familial lineage.

Intractable Ruling Classes

Powerful societal groups that are resistant to change and maintain their position through control of resources and institutions.

Disadvantaged

Individuals or groups lacking in advantage, opportunity, or resources, often due to socio-economic conditions.