what is labour??????????
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what is labour???
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Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers in exchange for a wage paid by demanding firms.
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In simple meaning by 'Labour' we mean the work done by hard manual labour mostly work done by unskilled worker. But in Economics, the term labour mean manual labour. It includes mental work also. ... In this way, workers working in factories, services of doctors, advocates, officers and teachers are all included in labour.
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