What is the importance of labour
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Labour is the fundamental and active factor of production Labour has an important contribution to the production of commodities. Labour is the exertion of mind and body undertaken with a view to some goods other than the pleasure directly derived from the work.Without labour, no industry or no sector can every progress. It is the labour that helps to build new industries. When new industries are built, job opportunities are created and the employment rate improves. A country improves it economy with the help of good labour.
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