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प्रश्न
Explain the following concepts or give definitions.
Land
उत्तर
In economics, land does not merely imply soil. In fact, it broadly refers to all natural resources, flora and fauna, earth, buildings, avenues, air, water, minerals etc. The owner of the land (the landlord) receives rent in exchange for his contribution to the production process.
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संबंधित प्रश्न
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.
Mention two ways by which efficiency of labour can be improved.
Give any five differences between product and process-based division of labour.
Define 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.
Explain four important characteristics of labour as a factor of production.
What is meant by the efficiency of labour?
Write short note :
Features of labour.
Give reason or explain the following.
Labour cannot be stored.
Define or explain the concept Labour.
Answer the following question.
What are the features 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.
Mention two ways by which a worker benefits from the division of 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.
Define Division of labour. Explain three benefits of the Division of labour to producers.
______ is known as Father of Economics.
______ cannot be stored.
Mention the characteristics of Labour.
Labour cannot be separated from the ______.
How is labour defined in economics?
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?
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.
There are more possibilities of inventions under ______ of labour.
Labourers have ______ bargaining power.
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.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
How is the supply of labour different from the supply of other goods?
Define 'efficiency of labour'.
Give two limitations of a division of labour.
Division of labour is not an unmixed blessing. Give one reason.
State two differences between labour services provided by a surgeon and a farmer.
State four factors which determine the efficiency 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.
State four ways in which the division of labour will influence production in an economy.
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
Which of the following is not considered labour in economics?
Observe the relationship of the first pair of words and complete the second pair.
Chartered Accountant : Skilled labour
Welder ______.
Which of the following statements is TRUE?
