Question

Examples labour with pay and without pay labours

Answer 1

Labor is the amount of physical, mental, and social effort used to produce goods and services in an economy. It supplies the expertise, manpower, and service needed to turn raw materials into finished products and services.

In return, laborers receive a wage to buy the goods and services they don't produce themselves. Those without desired skills or abilities often don't even get paid a living wage. Many countries have a minimum wage to make sure their workers earn enough to cover the costs of living.

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