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Define 'efficiency of labour'. - Economic Applications

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प्रश्न

Define 'efficiency of labour'.

व्याख्या
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उत्तर

  • By labour efficiency, we mean a worker's productive capacity. Labour efficiency is contingent upon various factors, including the working environment, wage levels, climate, and education and training.
  • Most workers in India are low-paid, so they cannot afford an adequate and balanced diet.
  • Workers use traditional and less efficient techniques of production.
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पाठ 1: Factors of Production - Exercise [पृष्ठ ३१]

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