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Labor
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Revision as of 23:08, February 5, 2024
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'''Labour''' is a term in [[economics]] that has two separate meanings:
'''Labour''' is a term in [[economics]] that has two separate meanings:
−
*
labour
is a [[factor of production]] consisting of hired workers whose efforts increase production
+
*
labor
is a [[factor of production]] consisting of hired workers whose efforts increase production
. See: [[Labor force]]
*labour consists of all personal services, including wage-workers, managers and the self-employed
*labour consists of all personal services, including wage-workers, managers and the self-employed
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