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प्रश्न
Answer the following question.
What are the features of labour?
उत्तर
Labour refers to the people who actually use the land and capital to produce goods. In other words, it is the exertion by the human body and mind, with the objective of earning a living.
The following are some of the features of labour:
i. Inseparable from the labourer - Labour cannot be separated from the labourer. For labour to occur, a labourer is required. This labourer is the individual who will do the work and get remunerated in return.
ii. Perishable in nature - Labour is considered perishable in nature because, if the labourer (worker) is absent for a day, that day’s labour (exertion) is gone forever and cannot be brought back.
iii. Inelastic supply - The working population of a country consists of individuals between the age group of 15-59. Therefore, at least in the short run, this pool of working people cannot be increased. As a result, supply of labour becomes inelastic.
iv. Restricted mobility - Certain factors like family problems, the geographical location, climatic conditions etc. often restrict the free flow of labour from one place to another.
v. Active factor of production- Unlike other factors, labour has feelings. It is the labour that makes the other factors productive. In this regard labour is said to be the active factor of production.
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संबंधित प्रश्न
Give two reasons as to why the division of labour is an advantage to the producer?
Define the term labour as a factor of production.
Mention two ways by which efficiency of labour can be improved.
Give any five differences between product and process-based division of labour.
Define labour.
Suggest three methods to improve the efficiency of Indian labour.
With the help of a suitable example, explain the meaning of geographical or territorial division of labour.
Discuss any three advantages of the division of labour.
Explain four important characteristics of labour as a factor of production.
What is meant by the efficiency of labour?
Explain three causes of low efficiency of labour in India.
Mention two factors that determine the supply of labour.
Write short note :
Features of labour.
State whether the following statement is true or false.
Labour is a perishable factor of production.
State with reason whether you agree or disagree with the following statements. (any Three)
There are many feature of labour.
Explain the following concepts or give definitions.
Land
Give reason or explain:
Labour cannot be stored.
State whether the following statement is TRUE and FALSE.
Demand for labour is direct demand.
State whether the following statement is TRUE and FALSE.
Labour and labourer are inseparable.
Define Division of labour. Explain three benefits of the Division of labour to producers.
______ cannot be separate for the labourer.
Labour cannot be separated from the ______.
Why is the efficiency of labour low in India? (Any three points)
“Specialization of labour helps the producers in their productive activities and is also beneficial to the workers". Justify the statement with two suitable reasons.
Advantage of division of labour to the workers.
______ is an example of the geographical division of labour.
______ is not a disadvantage of division of labour.
When production of goods is divided into several processes, it is known as ______.
Labourers have ______ bargaining power.
______ of labour is related to division of labour.
Labour is the only ______ factor of production.
______ of labour is advantages to workers as it increases their efficiency, mobility and saves their time and tools.
Labour earns ______ as a factor of production.
Division of labour is not an unmixed blessing. Give one reason.
State four factors which determine the efficiency of labour.
With respect to the efficiency of labour answer the question that follow.
On what basis can the efficiency of labour be measured?
With respect to division of labour, state the following:
An example of vertical division of labour.
With respect to division of labour, state the following:
An example of horizontal division of labour.
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
Observe the relationship of the first pair of words and complete the second pair.
Chartered Accountant : Skilled labour
Welder ______.
Which of the following statements is TRUE?
A labourer's income can be negative.
Complete division of labour cannot be implemented for ______.
Name two industries where division of labour is possible.
Give the different forms of division of labour.
