0
What else can I help you with?
What Workers are able to sell their labor to producers because labor is?
A commodity
When is the allocation of resources in an economy considered to be inefficient?
when total resources in an economy is not equally allocated among four factors of production i.e land, labor, capital and organization then allocation of resources in an economy considered to be inefficient.
What is an essential commodity needed for the productive process?
labor
Which is an essential commodity needed for the productive process?
Labor -apex
In the European feudal system under manorilism what is the most significant economy commodity?
In the European feudal system under manorialism, the most significant economic commodity was land. Land was the primary source of wealth and power, as it provided the means for agricultural production, which was essential for sustenance and trade. Peasants, or serfs, worked the land in exchange for protection and a place to live, making their labor crucial to the economy. Thus, landownership and agricultural output were central to the feudal economy.
Workers are able to sell their labor to producers because labor is what?
commodity
What Workers are able to sell their labor to producers because labor?
A commodity
What Workers are able to sell their labor to producers because labor is?
A commodity
Commodity needed for the productive process?
labor
When is the allocation of resources in an economy considered to be inefficient?
when total resources in an economy is not equally allocated among four factors of production i.e land, labor, capital and organization then allocation of resources in an economy considered to be inefficient.
What is an essential commodity needed for the productive process?
labor
What is an essential commodity needed for productive process?
labor
Which is an essential commodity needed for the productive process?
Labor -apex
In the European feudal system under manorilism what is the most significant economy commodity?
In the European feudal system under manorialism, the most significant economic commodity was land. Land was the primary source of wealth and power, as it provided the means for agricultural production, which was essential for sustenance and trade. Peasants, or serfs, worked the land in exchange for protection and a place to live, making their labor crucial to the economy. Thus, landownership and agricultural output were central to the feudal economy.
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
The process by which workers became a commodity in the labor marketplace is called?
mill migration
What has the author Elizabeth McLean Petras written?
Elizabeth McLean Petras has written: 'The global labor market in the modern world-economy' -- subject(s): Labor mobility, Labor supply 'Caribbean labor migrations in a global labor market' -- subject(s): Alien labor, Emigration and immigration, Labor mobility, Labor supply
