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Topic:
Labour (economics)
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Related Topics
Labour
Capital (economics)
Economic rent
Human resources
Human capital
Economics
Factors of production
Employment
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Reference.com/Encyclopedia/Labour (economics)
In
classical
economics
and all
micro-economics
labour
is one of four
factors of production
, the others being
land
,
capital
and enterprise.
Wage
is a basic compensation for
labour
, and the compensation for
labour
per period of time is referred to as the
wage
rate.
total compensation = earnings + other
benefits
for
labour
www.reference.com /browse/wiki/Worker
(186 words)
Try your search on:
Qwika
(all wikis)
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