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Define Or Explain the Following Concept: Labour - Economics

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प्रश्न

Define or explain the following concept:

Labour

टिप्पणी लिखिए

उत्तर

Labour refers to the people who actually use the land and capital to produce goods. It includes all physical and mental efforts of workers, employees, managers etc. In other words, the exertion by the human body and mind, with the objective of earning a living, is known as labour.

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अध्याय 7: Factors of Production - Exercise 2 [पृष्ठ ६०]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 2 | Q 1.3 | पृष्ठ ६०

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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.


Identify the type of division of labour in an automobile industry. Explain.


Define labour.


Suggest three methods to improve the efficiency of Indian labour.


Discuss any three advantages of the division of labour.


Define simple division of labour.


Explain four important characteristics of labour as a factor of production.


What is meant by the efficiency of labour?


Mention two factors that determine the supply of labour.


State with reason whether you agree or disagree with the following statements. (any Three) 

There are many feature of labour. 


Rewrite the following sentences by using proper substitute given in the bracket: 

Labour is ___________. 


 Explain the following concepts or give definitions.

 Land  


Answer the following question.
What are the features of labour?


______ is the human input into the production process.


Define: Labour


Define the division of labour.


______ is more perishable than other factors of production.


Mention the characteristics of Labour.


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If a labourer does not work for a day, his one day 's work will be lost forever.

It implies:


Define labour as a factor of production.


Which factor out of the following serves as the primary source of consumption?


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Division of labour encourages large-scale production.


______ is not a disadvantage of division of labour.


The productive capacity of a worker is called as ______.


The demand for labour is ______.


There are more possibilities of inventions under ______ of labour.


Labourers have ______ bargaining power.


Labour is a/an ______ factor of production.


______ of labour is advantages to workers as it increases their efficiency, mobility and saves their time and tools.


The concentration of cotton textile industries in Maharashtra and Gujarat are due to ______ based division of labour.


What kind of division of labour do we see in the automobile industry?


Define 'efficiency of labour'.


Give two limitations of a division of labour.


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.


With respect to division of labour, state the following:

Two disadvantages to the workers.


Differentiate between an entrepreneur and labourer on the basis of the nature of work.


Which of the following is not considered labour in economics?


Explain the following characteristic of labour:

Labour cannot be separated from the labourer.


Name two industries where division of labour is possible.


Give the different forms of division of labour.


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