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If the Number Employed Is 11 Million,the Working-Age Population Is

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If the number employed is 11 million,the working-age population is 16 million,and the number unemployed is 0.6 million,then the unemployment rate is


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Systems Theorist

A scholar who studies how different parts of a system interact with each other to constitute the whole system’s behaviours and properties.

Deviation-Amplifying Feedback

A process in a system wherein the output of one cycle of operations is increased in the next, leading to growth or change in the system.

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The collapse of numerous internet-based companies in the early 2000s following speculative investment in the technology sector.

Financial Meltdown

A sudden and severe downturn in the financial markets that leads to a loss of asset values and can trigger widespread economic crisis.

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