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Which of the following is considered as labour in economics? Give a reason to support your answer. i. A professor working in a college. ii. A social worker serving in an orphanage. - Economics

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Question

Which of the following is considered as labour in economics? Give a reason to support your answer.

  1. A professor working in a college.
  2. A social worker serving in an orphanage.
Answer in Brief

Solution

  1. A professor working in a college: He is considered a labour in economics. He comes under the category of a professional labourer. He is that mental worker who has undergone advanced study and training.
  2. A social worker serving in an orphanage: He is not considered as labour as neither he performs ‘mental’ nor ‘physical’ exertion with a motive to earn money.
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Chapter 1: Factors of Production - Exercise [Page 30]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 24. | Page 30
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