Maharashtra State Board course HSC Science (Computer Science) 12th Board Exam
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Define Or Explain the Concept Labour. - Economics

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Question

 Define or explain the concept Labour.

Solution

Labour refers to the people who actually use the land and capital to produce goods. It includes all physical and mental efforts of workers, employees, managers etc. In other words, the exertion by the human body and mind, with the objective of earning a living, is known as labour.

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APPEARS IN

 2012-2013 (March) (with solutions)
Question 2.1.3 | 2.00 marks

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Solution Define Or Explain the Concept Labour. Concept: Factors of Production - Labour.
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