Write any four characteristics of labour as a factor of production. key concept - Factors of pro...

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Write any four characteristics of labour as a factor of production.
key concept - Factors of production.
Factors of production - The essential elements which cooperate with one anather in the process of production. E.g; Land, Labour, physical capital and human capital.
(i) Labour is an active factor of production.
(ii) Efficienly of the labour can be increased through training.
(iiii) Farm labourers come either from landless families cultivating small plats of lando.
(iv) mages are paid labour in lien of the service.
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