Labour: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: ACT ESA exam solution, April 2015, Q3.) |
imported>Doug Williamson (Punctuation.) |
||
| Line 1: | Line 1: | ||
''Economics''. | ''Economics''. | ||
One of the factors of production in economics, the others classically being land, capital and enterprise. | One of the 'factors of production' in economics, the others classically being land, capital and enterprise. | ||
In this context, 'labour' is defined as those people who are available to work in an economy, and who provide their skill, knowledge, physical and mental resources. | In this context, 'labour' is defined as those people who are available to work in an economy, and who provide their skill, knowledge, physical and mental resources. | ||
Revision as of 08:33, 22 June 2015
Economics.
One of the 'factors of production' in economics, the others classically being land, capital and enterprise.
In this context, 'labour' is defined as those people who are available to work in an economy, and who provide their skill, knowledge, physical and mental resources.
