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Give Reason Or Explain the Following.Labour Cannot Be Stored. - Economics

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Question

Give reason or explain the following.

Labour cannot be stored.

Solution

Labour cannot be stored.

Ans. Labour is perishable in nature. If a worker is absent for a day, the days labour has gone. The amount of labour lost is lost forever. Labour cannot be stored and used for future.

(i) Labourer and his labour (work) always go together. Hence labourer must be present himself where he is supposed to render his services.

(ii) Labour is perishable in nature. If a labourer is absent for a day, his labour for that day goes wasted. Thus, the amount of labour lost is lost forever, it cannot be used for future. Thus, labour cannot be stoed and used for future.
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2016-2017 (March)

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