cynthiacox987 cynthiacox987
  • 22-09-2020
  • Social Studies
contestada

What is labor in economics

Respuesta :

277696
277696 277696
  • 22-09-2020

Answer:

Labor definition

Explanation:

Labor is the amount of physical, mental, and social effort used to produce goods and services in an economy. It supplies the expertise, manpower, and service needed to turn raw materials into finished products and services. In return, laborers receive a wage to buy the goods and services they don't produce themselves.

Hope this helps!

Answer Link

Otras preguntas

The lungs are covered with a thin slippery outer membrane called the
6/12 + 1/3 Simplify completely, show all work.
Can gov brown really pass laws against the constitution?
Which of the following elements is the most reactive - potassium - lithium - sodium - rubidium
Once Chief Joseph surrendered where were Native American Indians forced to live?
Why did newsboys in New York go on strike? A. low wages B.required to work longer hours C. the price of newspapers went up for the newsboys D.the price of news
3× 1,250 in expanded form and use distributive property
How does metamorphic rock turn into igneous rock
Which of the following is an example of resourcefulness? A. Discovering a quick way to handle a new problem B. Waiting to take action until you have mor
The muscular system and the skeletal system work together so the body can ______