define labour and capital
Answers
Answered by
1
Labour is the constitution of all the people who give physical or mental work . Labour doesn't only mean manual labour or physical labour.
Capital talks about money.The transactions and the investment constitute capital
Answered by
1
Labour: The working capacity of a person is called labour.
Capital: Inputs invested in the form of goods and services for production are the capital for production
Similar questions
Political Science,
7 months ago
English,
7 months ago
Science,
1 year ago
History,
1 year ago
Science,
1 year ago