The term "world surplus population" refers to people who are not integrated into the global economy but whose existence presses down the wage levels worldwide.
This is a true statement
Explanation: World surplus population consists of those people who do not belong to any nationality. Thus, these people are not a part of the global economy. Consequently, their existence forces the wage levels worldwide.
Reason: They are willing to work at any wage rate which is generally lower than the prevalent wage rate worldwide and thus thee wage rate forces to fall. As a result, the labor force who are not a part of the world surplus population had to maintain a poorer lifestyle than before.
Question 9 6.67 pts The term "world surplus population" refers to people who are not integrated...
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