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प्रश्न
Answer the following question.
What are the features of labour?
उत्तर
Labour refers to the people who actually use the land and capital to produce goods. In other words, it is the exertion by the human body and mind, with the objective of earning a living.
The following are some of the features of labour:
i. Inseparable from the labourer - Labour cannot be separated from the labourer. For labour to occur, a labourer is required. This labourer is the individual who will do the work and get remunerated in return.
ii. Perishable in nature - Labour is considered perishable in nature because, if the labourer (worker) is absent for a day, that day’s labour (exertion) is gone forever and cannot be brought back.
iii. Inelastic supply - The working population of a country consists of individuals between the age group of 15-59. Therefore, at least in the short run, this pool of working people cannot be increased. As a result, supply of labour becomes inelastic.
iv. Restricted mobility - Certain factors like family problems, the geographical location, climatic conditions etc. often restrict the free flow of labour from one place to another.
v. Active factor of production- Unlike other factors, labour has feelings. It is the labour that makes the other factors productive. In this regard labour is said to be the active factor of production.
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संबंधित प्रश्न
Labour
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.
Identify the type of division of labour in an automobile industry. Explain.
Define labour.
Suggest three methods to improve the efficiency of Indian labour.
With the help of a suitable example, explain the meaning of geographical or territorial division of labour.
Discuss any three advantages of the division of labour.
Mention two ways by which producers benefit from 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?
State Distinguish between the simple division of labour and complex division of labour?
Write short note :
Features of labour.
Give reason or explain the following.
Labour cannot be stored.
State whether the following statement is true or false.
Labour is a perishable factor of production.
Define or explain the concept Labour.
Define or explain the following concept:
Labour
Give reason or explain:
Labour cannot be stored.
State whether the following statement is TRUE and FALSE.
Labour and labourer are inseparable.
State whether the following statement is TRUE and FALSE.
Labour cannot be stored.
State any two factors that determine the Division of labour.
Define Division of labour. Explain three benefits of the Division of labour to producers.
The concept Division of Labour was introduced by ______.
Labour cannot be separated from the ______.
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.
Justify the following in brief:
Division of labour encourages large-scale production.
______ 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 ______.
______ of labour is related to division of labour.
______ of labour is advantages to workers as it increases their efficiency, mobility and saves their time and tools.
Labour earns ______ as a factor of production.
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.
Explain briefly the meaning of efficiency of labour.
State four factors which determine the efficiency of labour.
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
Which of the following statements is TRUE?
Name two industries where division of labour is possible.
Give the different forms of division of labour.
