Question

describe the labour in your own words write its two step​

Answer 1

Labor is the amount of physical, mental, and social effort used to produce goods and services in an economy

Answer 2

Answer:

Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that supplied by labourers in exchange for a wage paid by demanding firms. Labour markets or job markets function through the interaction of workers and employers.

Explanation:

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