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प्रश्न
Define labour.
उत्तर १
Labour means the capacity to exert physical or mental effort for the purpose of producing a good or service.
उत्तर २
Labour is another basic factor of production. In fact, land or any other factor, howsoever valuable is of little use unless labour is applied. By labour, we mean all types of human work, physical as well as mental, done with a view to earn income.
उत्तर ३
By labour we mean the work (mental or physical) done by a person to earn money (i.e. wage income).
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संबंधित प्रश्न
Define the term labour as a factor of production.
Identify the type of division of labour in an automobile industry. Explain.
Mention two ways by which producers benefit from the division of labour.
Define or explain the concept Labour.
Explain the following concepts or give definitions.
Land
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 cannot be stored.
State any two factors that determine the Division of labour.
______ is the human input into the production process.
Define the division of labour.
The Theory of Moral Sentiments was written by ______.
______ cannot be separate for the labourer.
Labour cannot be separated from the ______.
Define labour as a factor of production.
Advantage of division of labour to the workers.
When the same work is done by two or more persons it is called ______.
______ is not a disadvantage of division of labour.
When production of goods is divided into several processes, it is known as ______.
Efficiency of labour is low in India due to ______.
Labour is the only ______ factor of production.
How is the supply of labour different from the supply of other goods?
Define 'efficiency of labour'.
With respect to division of labour, state the following:
An example of horizontal division of labour.
With respect to division of labour, state the following:
Two advantages to the producers.
Which of the following statements is TRUE?
Give the different forms of division of labour.
