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Labour (economics) Facts for Kids. Kiddle Encyclopedia.
Labour (economics) facts for kids
Labour is work done by people. Labour is one of three factors of production. The other two factors are land and capital.
Labour is also known as human capital (the skills that workers possess, not necessarily their actual work).
Related pages
- Wage -paying someone for labour.
- Labour Party- political group
Images for kids
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Job advertisement board in Shenzhen.
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The neoclassical model analyzes the trade-off between leisure hours and working hours
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An advertisement for labour from Sabah and Sarawak, seen in Jalan Petaling, Kuala Lumpur.