Economy, asked by shobha19rani11, 1 month ago

The division between physical and mental labour is a degree of __________.​

Answers

Answered by 20150083
0

Explanation:

MEANING OF LABOUR - DEFINITION

Meaning of Labour: Labour always indicates some kind of 'mental' or 'physical' exertion undertaken with a motive to earn money. Any effort or exertion undertaken for the sake of pleasure or social service is not considered as labour. . The work done by machines or animals is not 'labour'.

Definition of labour: "By labour is meant the economic work of man, whether with hand or head'." - Prof Marshall.

LABOUR - DEFINITION

Definitions of labour:

(1) "By labour is meant the economic work of man, whether with hand or head'." - Prof Marshall.

(2) "Labour consists of all human efforts of body or mind, undertaken in expectation of a reward." - Thomas.

TYPES OF LABOUR - DEFINITION

The main categories of labour are as under:

(1) Physical and mental labour

(2) Skilled, semi-skilled and unskilled labour

(3) Professional and administrative labour

(4) Productive and unproductive labour

(5) Employed and unemployed labour

(6) Others.

DIFFERENCE BETWEEN TYPES OF LABOUR - DEFINITION

Physical labour Mental labour

1. Physical labour is that in which the labourer has to undergo a great deal of physical exertion. 1. Mental labour involves a lot of intellect of an individual.

2. Rickshaw pullers, cobblers, tailors, weavers, iron-smiths are examples of physical labour. 2. Teachers, accountants, doctors, managers etc., are good examples of mental labours.

CHARACTERISTICS OF LABOUR - DEFINITION

Characteristics of labour:

(1) The labourer and his labour are inseparable

(2) The labourer sells his services only

(3) Labour is an active factor of production

(4) Labour is perishable

(5) Labour has a typical nature of supply

(6) Supply of labour changes slowly

(7) Labour is less mobile

(8) Labourers differ in efficiency

(9) Quality of workers can be improved by investing capital

Similar questions