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Selection of appropriate labor in a business?
Selection of appropriate labor relates to the type of labor that will be vital for use in a business.
How do you xxplain the phrase Division of labor as it relates to an economic relationship such as a family?
Division of labour means how work is divided up - who does what. So related to a family it would mean who cleans the house, who earns the money? who pays the bills? who feeds the cat? who does the washing? etc. Not sure about the economic relationship phrase.
Why is labor an economic resource?
For an economy to function, it must have human labor. This includes a long list of types of labor in order to make an economy viable. Therefore, the resources of an economy run from scientists to teachers to business people to factory and farm workers.
What are the Basic Economic Problems?
the basic economic problem is the unlimited wants and needs of human which results to scarcity of resources. what are the needs?-the needs are the things we must posses in order to survive like food,water, clothing,shelter. while the wants are those things that human would like to have in order to improve there status in life. we limited resources that'a why encounter this problem. the economic resources like land, labor,and capital which are the factors if production are insufficient to satisfy our needs and wants.
Four basic factors of production?
Land, labor, capital, and entrepreneurship.
Is the labor means to economic development?
No labor means not economic development.
Selection of appropriate labor in a business?
Selection of appropriate labor relates to the type of labor that will be vital for use in a business.
What was the basic economic goal of labor unions in the late 19th century?
higher wages and better working conditions
What is suffix word labor?
The suffix "-al" added to the root word "labor" transforms it into the adjective "laboral," which relates to work or labor.
What is the definition of labor in economics?
the definition of labor and economic
Which fundamental economic problem of farmers did new deal policies attempt to solve?
the answer to this question is scarcity of fertile land or shortage of labor
How do you xxplain the phrase Division of labor as it relates to an economic relationship such as a family?
Division of labour means how work is divided up - who does what. So related to a family it would mean who cleans the house, who earns the money? who pays the bills? who feeds the cat? who does the washing? etc. Not sure about the economic relationship phrase.
What are the basic principles of incentive scheme for the labor?
what are the basic principales of incentives
What kind of group are labor union?
Economic
What is Labor Day celebrating?
Labor Day is dedicated to the social and economic achievements of the workers.
What organization has the power to enforce basic labor laws?
National labor relations board
What is the new and ONLY economic paradigm existing that replaces the division of labor?
The "Integration of Labor(sm)"...
