answersLogoWhite

0

If you're asking what the resource "labor" is, it is what it sounds like.

Any effort put forth to produce a good or service.

If you're asking what a labor resource(?) is, a more universal word for labor resource is human capital.

Human capital is the knowledge or skill a person gains through any education or experiences they receive.

For example:

You receive a specialized education to learn how to drive a train, or make computers. It's not necessarily anything that can be easily learned and requires someone of that specialty to complete that job. Another REALLY good example is a heart surgeon.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is a labor Resource And what labor resources did the Spartans have?

Labor resources - resources of available manpower.Human effort used in production. That means technical expertise and marketing expertise, too. The payment for labor is a wage.


What are non-examples of capital resources?

What are non-examples of Capital Resources


What is the definition for labor resources?

Labour resources are resources of available manpower.


What are examples of unlimited resources?

Renewable resources, like solar, wind and water power are examples of unlimited resources.


What did the the terms of basic and circulating resources mean to Marx?

For Karl Marx, the means of labor are considered basic resources and the objects of labor are considered circulating resources.


What is Ireland's labor resources?

machinary


What are labor resources?

physical and mental effort used in productive activity


What is another name for Human Resources?

labor


What are the labor resources of a pencil?

Workers machines


What is resource labor?

Go to google and type it in or look it up in the dictionary you are so dum you should of done it before


What sre 3 examples of resource markets?

Three examples of resource markets include the labor market, where employers hire workers for their skills; the capital market, where financial resources such as stocks and bonds are traded; and the raw materials market, where natural resources like oil, minerals, and agricultural products are bought and sold. Each of these markets plays a crucial role in the economy by facilitating the allocation of resources necessary for production and growth.


What are three market resources?

Land, labor, and capital =)