Get premium membership and access questions with answers, video lessons as well as revision papers.
Labour can be categorized into three components as follows:
1. Necessary labour
This refers to the situation when a person is producing just enough for his/her
subsistence. What he produces is referred to as a necessary product. Necessary labour
prevails in a communal economic system where there is no appropriation or alienation of
an individual’s labour power.
2. Surplus Labour
Surplus labour is that labour a person expends/uses to produce more than what is
necessary for his subsistence. The excess product he produces is surplus product. Surplus
labour emerges out of social changes in the division of labour based on unequal
accessibility to and distribution of societal wealth.
3. Wage Labour
This exists where producers are extricated or removed from the means of production and
offer their labour power for wages. Wage labour is a pre-condition for the reproduction of
the capitalist system. It is the wage labourers who facilitate production for the capitalist
economy. Once this separation occurs, the capitalist system can reproduce the relations of
production and further separation within a social formation. It involves the articulation
process in which the capitalist M.O.P. becomes dominant.
Titany answered the question on December 8, 2021 at 08:41
- Features of capitalism as an economic system(Solved)
Features of capitalism as an economic system
Date posted: December 8, 2021. Answers (1)
- Define the term capital(Solved)
Define the term capital
Date posted: December 8, 2021. Answers (1)
- Discuss the reasons that led to the rise of merchant and industrial capital in Europe(Solved)
Discuss the reasons that led to the rise of merchant and industrial capital in Europe
Date posted: December 8, 2021. Answers (1)
- What does the term merchant capital mean?(Solved)
What does the term merchant capital mean?
Date posted: December 8, 2021. Answers (1)
- Describe The Tributary Economic System in Buganda Kingdom(Solved)
Describe The Tributary Economic System in Buganda Kingdom
Date posted: December 8, 2021. Answers (1)
- Describe the relations of production within the tributary economic system(Solved)
Describe the relations of production within the tributary economic system
Date posted: December 8, 2021. Answers (1)
- Characteristics of the Tributary Economic System(Solved)
Characteristics of the Tributary Economic System
Date posted: December 8, 2021. Answers (1)
- Describe The Lineage Economic System and Relations of Production among the Maasai(Solved)
Describe The Lineage Economic System and Relations of Production among the Maasai
Date posted: December 8, 2021. Answers (1)
- Characteristics of the Lineage/Kinship M.O.P(Solved)
Characteristics of the Lineage/Kinship M.O.P
Date posted: December 8, 2021. Answers (1)
- Identify the various peasant economic systems in Africa(Solved)
Identify the various peasant economic systems in Africa
Date posted: December 8, 2021. Answers (1)
- Describe the relations of production in the Asiatic economic system(Solved)
Describe the relations of production in the Asiatic economic system
Date posted: December 8, 2021. Answers (1)
- What are the main distinguishing features of the Asiatic economic system?(Solved)
What are the main distinguishing features of the Asiatic economic system?
Date posted: December 8, 2021. Answers (1)
- Describe The Relations of Production in the Feudal Society(Solved)
Describe The Relations of Production in the Feudal Society
Date posted: December 8, 2021. Answers (1)
- Explain the three forms of feudal rent that existed in the feudal economic society(Solved)
Explain the three forms of feudal rent that existed in the feudal economic society
Date posted: December 8, 2021. Answers (1)
- Characteristics of the Feudal Economic System(Solved)
Characteristics of the Feudal Economic System
Date posted: December 8, 2021. Answers (1)
- Describe the feudal economic system (Solved)
Describe the feudal economic system
Date posted: December 8, 2021. Answers (1)
- Describe The Slave Mode of Production in 19th Century in Africa(Solved)
Describe The Slave Mode of Production in 19th Century in Africa
Date posted: December 8, 2021. Answers (1)
- Characteristics of the slave economic system(Solved)
Characteristics of the slave economic system
Date posted: December 8, 2021. Answers (1)
- Explain the reasons responsible for the emergence of the slave economic system(Solved)
Explain the reasons responsible for the emergence of the slave economic system
Date posted: December 8, 2021. Answers (1)
- What do you consider to be the reasons that account for the disintegration of the
communal economic system?(Solved)
What do you consider to be the reasons that account for the disintegration of the
communal economic system?
Date posted: December 8, 2021. Answers (1)