In April 2016 the CSO conducted a count of Ireland’s population at an estimated cost of €55m - Leaving Cert Economics - Question 4(a) - 2016
Question 4(a)
In April 2016 the CSO conducted a count of Ireland’s population at an estimated cost of €55m.
(i) What do the initials CSO stand for?
(ii) What is the official ter... show full transcript
Worked Solution & Example Answer:In April 2016 the CSO conducted a count of Ireland’s population at an estimated cost of €55m - Leaving Cert Economics - Question 4(a) - 2016
Step 1
What do the initials CSO stand for?
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Answer
CSO stands for Central Statistics Office.
Step 2
What is the official term used for a count of the population?
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Answer
The official term used for a count of the population is 'Census of Population'.
Step 3
State one possible expenditure item included in the cost of €55m.
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Answer
One possible expenditure item included in the cost of €55m is Wages for enumerators.
Step 4
Explain one use each of the following could make of the data collected: Businesses.
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Businesses can use the census data to predict future levels of consumer demand by analyzing demographic changes, such as age and income levels. This helps them tailor their products and services to meet consumer needs efficiently.
Step 5
Explain one use each of the following could make of the data collected: Irish government.
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The Irish government can use the census data for future infrastructural planning. By understanding population distribution and growth trends, the government can allocate resources and plan services such as healthcare and education accordingly.
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