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प्रश्न
Mention the characteristics of Labour.
Give two characteristics of labour.
Explain any four/five characteristics of labour as a factor of production.
उत्तर
- Labour is more perishable than other factors of production.
- Labour cannot be stored.
- Labour is an active factor in production.
- Labour is not homogeneous.
- Labour cannot be separated from the labourer.
- Labour is mobile.
- Individual labour has only limited bargaining power.
- He cannot fight with his employer for a raise in wages or improvement in workplace conditions.
- Labour sells his services and not himself.
Notes
Students should refer to the answer according to their questions.
संबंधित प्रश्न
Mention two ways by which efficiency of labour can be improved.
Give any five differences between product and process-based division of labour.
Define simple division of labour.
Explain four important characteristics of labour as a factor of production.
Write short note :
Features of labour.
Define or explain the following concept:
Labour
State any two factors that determine the Division of labour.
Define: Labour
Define the division of labour.
______ is known as Father of Economics.
Indian farmers are an example of ______ type of labour.
______ is an example of the geographical division of labour.
When production of goods is divided into several processes, it is known as ______.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
Define 'efficiency of labour'.
State four factors which determine the efficiency of labour.
With respect to division of labour, state the following:
Two advantages to the producers.
Differentiate between mental and physical labour.
Complete division of labour cannot be implemented for ______.
