Social Sciences, asked by ankitkumar8076, 1 year ago

Define production . Explain the role of labour in production ?

Answers

Answered by ruchikabastta84
1

LABOUR abour actually means any type of physical or mental exertion. In economic terms, labour is the efforts exerted to produce any goods or services. It includes all types of human efforts – physical exertion, mental exercise, use of intellect etc. done in exchange for an economic reward. Let us see the features of labour as a factor of production.

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