A ratio of the total population in an area to those individuals who are employed in industrial positions. Because of the fact that industrial jobs typically have high pay, their existence will tend to create service oriented jobs such as waiters and shop clerks and, as a result, each new industrial job will be thought to increase the total population of the surrounding area by the basic industry multiplier.
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In economic base analysis, the ratio of total population in a local area to employment in basic industry.