Difference between revisions of "Labor"
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*labor consists of all personal services, including wage-workers, managers and the self-employed | *labor consists of all personal services, including wage-workers, managers and the self-employed | ||
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| + | ==See also== | ||
| + | *[[Forced labor]] | ||
| + | *[[Labor camp]] | ||
[[category:economics]] | [[category:economics]] | ||
Revision as of 21:57, April 25, 2014
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