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What is meant by labour in economics?

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Question

What is meant by labour in economics?

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Solution

By labour, we mean the work (mental or physical) done by a person to earn money.

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Labour and Economic Activities
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Chapter 4: Factors of Production - QUESTIONS [Page 114]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 9. a | Page 114
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