What Is Labour Too Labourer ? Pregnant Too Features Of Labour

What is Labour in addition to Labourer ? Meaning ↓

Usually, the term 'Labour' is used for 'worker'. But, technically, it is non correct. Labour in addition to Labourer (worker) are ii dissimilar things.

Labour is an powerfulness to work. Labour is a wide concept because it includes both physical in addition to mental labour (as per inwards a higher identify picture). Labour is a principal or human element of production. It indicates human resource.

Labourer is a mortal who owns labour. So labourer way worker. It is a mortal engaged inwards or thence work.

Peculiarities / Features / Characteristics of Labour ↓

1. Labour is inseparable from labourer

Labour tin give notice non live separated from labourer. Worker sells their service in addition to doesn't sell themselves.

2. Labour is a perishable factor

Labour tin give notice non live stored. Once the labour is lost, it tin give notice non live made up. Unemployed workers tin give notice non shop their labour for hereafter employment.

3. Cost of producing a labour cannot live determined

It is slowly to calculate production damage of a commodity produced inwards an industry. But damage of producing a labour is a vague concept because it includes expenses incurred past times parents on teaching of their children in addition to other expenses incurred on them right from their nascency date. It is impossible to gauge all such casts accurately.

4. Labour is an active element of production

Other factors similar land, majuscule are passive, only labour is an active element of production. Being a human being, this element has its ain feelings, likes in addition to dislikes, thinking power, etc. We tin give notice attain improve character in addition to score of production, if province in addition to majuscule are employed properly inwards unopen association amongst Labour. So without labour, nosotros cannot imagine the smoothen comport of production.

5. Labour is a heterogeneous factor

No ii persons possess the same character of labour. Skills in addition to efficiency differs from mortal to person. So, or thence workers are to a greater extent than efficient than others inwards the same job.

6. Labour has imperfect mobility

Labour doesn't movement easily from i describe of piece of work to or thence other because of several factors similar identify unit of measurement in addition to cultural background, express educational in addition to technical skills, lifestyle, housing in addition to carry problems, linguistic communication barrier, adaptability to novel environments, etc.

7. Labour provide is inelastic inwards general

Supply of labour depends upon many factors similar size of population, historic menses in addition to sexual practice composition, wishing to work, character of education, mental attitude towards work, etc. Thus, provide cannot live changed easily according to changes inwards demand.

Hence, inwards general, labour provide is inelastic. But for a detail industry, it may live relatively elastic.

8. Labour is a human capital

Society makes investment inwards labour inwards the forms of education, health, training, etc. This improves efficiency of labour. So, it is a human capital.

9. Trade unionism is a element of Labour

Workers collectively shape their organization which is known every bit merchandise union. With this, they grapple amongst their employers in addition to at that topographic point past times secure higher reward in addition to improve working conditions. Such merchandise unionism is non possible inwards other factors of production similar land, else industrial plant alone inwards illustration of labour (labourer).

10. Labour has a derived demand

Like other factors of production, labour has a derived / indirect demand. It contributes to production process.

11. Labour is a Mean also every bit an End

Labour is a hateful of production inwards factory. But exterior the mill premises worker may live a consumer of that product. So, he mightiness live an destination user of that commodity.