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Define labor (human resource) as a factor of production

      

Define labor (human resource) as a factor of production

  

Answers


joseph
It is defined as the human effort applied in production. It can be physical or mental, or the two combined. For human effort to be labor it must be aimed at production and it must be paid for. Its reward being wages and salaries. Labor could be skilled, semi-skilled or unskilled.
joseph rimiru answered the question on November 21, 2017 at 20:08


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