English

Define 'efficiency of labour'. - Economic Applications

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Question

Define 'efficiency of labour'.

Definition
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Solution

  • 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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Chapter 1: Factors of Production - Exercise [Page 31]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
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Exercise | Q 8. (i) | Page 31
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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 23. | Page 30
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