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THE FACTORS OF PRODUCTION: LABOUR
CONTENT- Meaning of Labour
- Characteristics of Labour
- Forms/Sources of Labour Available to Farmers
- Importance of Labour in Agricultur
- Agricultural Activities that Require Labour
Meaning of Labour
Labour refers to all forms of human effort (mental and physical) put into production of goods and services.
Characteristics of Labour
The characteristics of labour include the following:- Labour is mobile
- Labour has feelings and emotions and cannot be used anyhow.
- It is a variable and not a fixed asset.
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