Question

ny 3 features of labour as afactor of prodection ?​

Answer 1

three features of labour as factor of production are :-

• efficiency of the labour can be increase by giving training.
• these farmers can come from landless families or families cultivating small plot of land.
• wages are paid to the labours instead of service.

Answer 2

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Labour is an active factor to mobilize passive capital resources. Foreign currency also can be earned by the proper utilization of labour in the production. Without labour, the production of goods and services is impossible. So, labour is very important for production.

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