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New page: Labor is a term in economics that has two separate meanings: *labor is a factor of production consisting of hired workers whose efforts increase production *labor consists of all...
Labor is a term in [[economics]] that has two separate meanings:
*labor is a [[factor of production]] consisting of hired workers whose efforts increase production
*labor consists of all personal services, including wage-workers, managers and the self-employed
[[category:economics]]
*labor is a [[factor of production]] consisting of hired workers whose efforts increase production
*labor consists of all personal services, including wage-workers, managers and the self-employed
[[category:economics]]