Question

labour market and its interaction with production system ? 5 marks​

Answer 1

Answer:

${Ello!!♡}$

Labor is one of the main factors of production. There is no production without labor. The more skilled labor, the more effective production. Labour is an important factor of production and labour market is associated with demand and supply of labour in which the employers and workers interact with each other.

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Answer 2

the place where workers and employees interact with each other is called the labour market . there is the direct relationship between the labour market and the production system . labour is one of the main factor of production ... the more skilled labour the more effective production.