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Answering as an American and most assuredly not an economist, I would venture that labor is dependent upon the context. The first thing that comes to mind is working with one's hands, as in manual labor. Labor is a party, to the left of center, in many countries. Human enterprise is used in a much more constricted context, fewer areas where it would be used. Man's (Humanity's) impact on the world, particularly money- making (commercial) ventures.
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Define the term human trafficking?
The definition of the term 'human trafficking' is the sale of humans mostly for sexual slavery/exploitation, organ extraction or forced labor.
What is value adding?
In economics, the difference between cost of materials and labor to produce a product, and the sale price of a product is the Value added. In national accounts used in macroeconomics, value added is the contribution of it refers to the contribution land, labor, and capital goods (the factors of production), to increasing the price of a product, the value added is then the income received by the owners of these factors. The national value added is shared between capital and labor (as the factors of production), and this sharing gives rise to issues of distribution.sources: http:/en.wikipedia.org/wiki/Value_a
Sentence using endeavor?
The noun endeavor (endeavour) is an attempt, effort, try, or possibly an enterprise or mission.The verb endeavor is similarly to attempt, try, strive, or struggle.
What is the definition of labor in economics?
the definition of labor and economic
What does the fruits of labor mean?
Fruits of labor, Well if you are talking about labor as work. This mean, you will be know as how well or how bad you do your job.
What is the difference between enterprise and labor?
labour is where someone gives birth to a baby in hospital not sure about enterprise
What is the relationship between businesses and labor?
It is a partnership in the enterprise of making money.
What is the difference between social legislation and labor legislation?
difference between labor law and social legislation
Information of free labor vs slave labor?
what is the difference between slave labor and free labor
What is the difference between slave labor and wage labor?
Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
What is the difference between the marginal product of labor and the marginal revenue product of labor?
moarginal product of labor
What the difference between business and labor?
Business is the organization which accumulates labor and capital in such a way that some product or service is created that can be exchanged either for other such productions or an intermediary (such as money or credit). Labor refers to human capital that is "put to work."
What is the difference between labor intensive and machinery intensive?
Labor intensive agriculture means it primarily uses physical labor of humans. Machinery intensive agriculture means it primarily uses the power of machinery to do labor, instead of or along with human beings doing the work.
What is the difference between craft and labor?
Craft is building something labor is working on something.
What are the four factors of production in the private enterprise system?
Land, labor, capital, enterprise
What do you mean by labor cost variance?
Labor cost variance means the difference between standard labor cost and actual labor cost.
What is the difference between labor and labor in economics?
none - labour is the British spelling of the American word, labor, as is harbour, rumour, neighbour, honour and colour.
