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प्रश्न
Give reason or explain:
Labour cannot be stored.
उत्तर
Labour refers to the people who actually use the land and capital to produce goods. It is the exertion by the human body and mind, with the objective of earning a living. Since we cannot store the mental and physical efforts, we can conclude that labour cannot be stored and used in the future.
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संबंधित प्रश्न
Define the term labour as a factor of production.
Mention two ways by which efficiency of labour can be improved.
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State Distinguish between the simple division of labour and complex division of labour?
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Labour is ___________.
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Land
Define or explain the following concept:
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______ is more perishable than other factors of production.
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It implies:
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An example of horizontal division of labour.
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Two disadvantages to the workers.
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Observe the relationship of the first pair of words and complete the second pair.
Chartered Accountant : Skilled labour
Welder ______.
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Explain the following characteristic of labour:
Labour cannot be separated from the labourer.
Explain three ways by which division of labour is beneficial to producers.
