What is labour?With an example
vansh4688:
labour is a workere who will do work
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HEYA MATE,
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Labor is the amount of physical, mental and social effort used to produce goods and services in an economy. It supplies the expertise, manpower, and service needed to turn raw materials into finished products and services.
Some common examples of capital include hammers, forklifts, conveyer belts, computers, and delivery vans.
I HOPE IT HELPS U.
HERE IS UR ANSWER.
Thanks for asking this question.
Labor is the amount of physical, mental and social effort used to produce goods and services in an economy. It supplies the expertise, manpower, and service needed to turn raw materials into finished products and services.
Some common examples of capital include hammers, forklifts, conveyer belts, computers, and delivery vans.
I HOPE IT HELPS U.
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The second requirement is labor,i.e.people who will do the work.Some production activities require highly educated workers to perform the necessary tasks
examples:forklifts,delivery vans,computers and hammers
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