In various production fields what is the role of labour? Eluciate.
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Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The second episode of our podcast series, The Economic Lowdown, discusses the factors of production.
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labours are those people who work on the field of a farmer on the daily wages. labour used to do every work on the field like ploughing, irrigation, fertilizing and harvesting.
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