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प्रश्न
Define or explain the concept Labour.
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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संबंधित प्रश्न
Give two reasons as to why the division of labour is an advantage to the producer?
Give any five differences between product and process-based division of labour.
Discuss any three advantages of the division of labour.
Explain four important characteristics of labour as a factor of production.
What is meant by the efficiency of labour?
Explain three causes of low efficiency of labour in India.
Mention two factors that determine the supply 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.
State with reason whether you agree or disagree with the following statements. (any Three)
There are many feature of 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 cannot be stored.
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.
The Theory of Moral Sentiments was written by ______.
The concept Division of Labour was introduced by ______.
Labour cannot be separated from the ______.
How is labour defined in economics?
Why is the efficiency of labour low in India? (Any three points)
Which of the following is not an advantage of division of labour?
Which factor out of the following serves as the primary source of consumption?
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Justify the following in brief:
Division of labour encourages large-scale production.
Advantage of division of labour to the workers.
______ is an example of the geographical division of labour.
The productive capacity of a worker is called as ______.
Efficiency of labour is low in India due to ______.
The demand for labour is ______.
There are more possibilities of inventions under ______ of labour.
Labour is a/an ______ factor of production.
Labour is the only ______ factor of production.
______ 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.
The concentration of cotton textile industries in Maharashtra and Gujarat are due to ______ based division of labour.
How does division of labour help in production?
Give two limitations of a division of labour.
State four factors which determine the efficiency of labour.
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 advantages to the producers.
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?
A labourer's income can be negative.
Complete division of labour cannot be implemented for ______.
Name two industries where division of labour is possible.
Give the different forms of division of labour.
