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प्रश्न
Briefly explain why labour is considered to be the means and end of production.
एक पंक्ति में उत्तर
उत्तर
A labourer is both a means of production as well as the end of it. He produces goods and also consumes them. The demand for goods largely depends upon the level of wages in the country.
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Characteristics of Labour
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संबंधित प्रश्न
Read the following statements carefully and choose the correct alternative:
Assertion (A): Labour is perishable.
Reason (R): Capital is an active factor of production.
Explain the following characteristic of labour:
Labour can improve its efficiency.
Explain the following characteristic of labour:
Labour is perishable.