WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995

2019 WAEC Economics Theory (a) Define labour force. (b) Explain the following concepts with an example each: (i) occupational mobility of labour;...

Economics
WAEC 2019

(a) Define labour force.

(b) Explain the following concepts with an example each:
(i) occupational mobility of labour;
(ii)  geographical mobility of labour.

(c) Outline four factors that can influence the size of the labour force in a country

WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Explanation

(a) Labour force may be defined as the proportion of the total population of a country who are currently employed or are actively seeking employment. 

                                                    
(b)(i) Occupational mobility of labour is the ease with which labour moves from one job to another e.g. banking to teaching.

(ii) Geographical mobility is the ease with which labour moves from one location to another e.g. A teacher moving from Banjul to Monrovia

 

(c)(i) If the official school-leaving age is reduced, the size of the labour force will increase.

(ii) If the age of retirement is extended from say 60 years to 65 years, the size of the labour force will increase.

(iii) Ceteris paribus, a country with larger population will have a large labour force, while one  with smaller population will have a small labour force.

(iv) Where a large proportion of the population is willing to work, the labour force will be large.

(v) If more women are full-time housewives, the size of the labour force will reduce.

(vi)  If a large proportion of the working group is sick and disabled, the size of the labour force will reduce.

(vii) If more people decide to pursue higher education, the labour force will be reduced.

(viii)If people voluntarily retire, the size of the labour force will reduce.

(ix)  If the age structure of population changes in favour of the working population, the labour force will increase.


Report an Error Ask A Question Download App
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709