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प्रश्न
Define the term labour as a factor of production.
उत्तर
- The aggregate of all human, physical and mental effort used in creating goods and services is called labour.
- Labour is a primary factor in production. A nation's labour force is determined by the size of its adult population and the extent to which the adults are either working or are prepared to offer their labour for wages.
- "Labour consists of all human efforts of body or mind that are undertaken in the expectation of rewards."
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संबंधित प्रश्न
Write short note :
Features of labour.
______ is the human input into the production process.
Define: Labour
“Specialization of labour helps the producers in their productive activities and is also beneficial to the workers". Justify the statement with two suitable reasons.
There are more possibilities of inventions under ______ of labour.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
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?
Observe the relationship of the first pair of words and complete the second pair.
Chartered Accountant : Skilled labour
Welder ______.
Complete division of labour cannot be implemented for ______.
