LABOUR.
Hey Guyz, Happy New Week and how was your weekend.
Hope it was fun, Thank Jesus for the gift of Life and for Health. This week
shall bring forth Good news for each and every one of us in Jesus name- Amen. Let’s
get straight to work with Econs. 101.
Labour as a factor of production is defined as all
forms of human efforts put into or utilized in production. It also refers to
man’s mental and physical exertions generated in the process of production. The
Rewards for Labour as a Factor of Production comes in form of WAGES & SALARIES.
TYPES
OF...
