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प्रश्न
Define labour as a factor of production.
उत्तर
One of the four key components of production is labour. Labour, as an element of production, refers to human effort. Both physically and mentally to complete the production process. It encompasses the aptitudes, competencies, and expertise of those engaged in the production of goods and services.
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संबंधित प्रश्न
Give two reasons as to why the division of labour is an advantage to the producer?
Give any five differences between product and process-based division of labour.
Explain three causes of low efficiency of labour in India.
State whether the following statement is TRUE and FALSE.
Demand for labour is direct demand.
______ cannot be stored.
______ cannot be separate for the labourer.
Labour cannot be separated from the ______.
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:
Two disadvantages to the workers.
