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प्रश्न
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
उत्तर
- A labourer is a paid worker and gets a wage in lieu of services provided by him.
- On the other hand, an entrepreneur organises production, manages the business and takes all important decisions regarding production.
संबंधित प्रश्न
Define the term labour as a factor of production.
Mention two ways by which efficiency of labour can be improved.
Explain four important characteristics of labour as a factor of production.
State Distinguish between the simple division of labour and complex division of labour?
Define or explain the concept Labour.
State any two factors that determine the Division of labour.
Which of the following is considered as labour in economics? Give a reason to support your answer.
- A professor working in a college.
- A social worker serving in an orphanage.
______ is known as Father of Economics.
Mention the characteristics of Labour.
A wealth of Nations book written in the year ______.
______ cannot be separate for the labourer.
Why is the efficiency of labour low in India? (Any three points)
If a labourer does not work for a day, his one day 's work will be lost forever.
It implies:
Which of the following is not an advantage of division of labour?
Define labour as a factor of production.
Which factor out of the following serves as the primary source of consumption?
“Specialization of labour helps the producers in their productive activities and is also beneficial to the workers". Justify the statement with two suitable reasons.
______ is an example of the geographical division of labour.
When production of goods is divided into several processes, it is known as ______.
Labour is a/an ______ factor of production.
______ of labour is related to division of labour.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
What kind of division of labour do we see in the automobile industry?
Division of labour is not an unmixed blessing. Give one reason.
Differentiate between mental and physical labour.
Which of the following statements is TRUE?
Explain the following characteristic of labour:
Labour cannot be separated from the labourer.
