labor
Definition
One of the factors of production, it is the aggregate of all human physical and mental effort used in creation of goods and services. The size of a nation's labor force is determined by the size of its adult population, and the extent to which the adults are either working or are prepared to offer their labor for wages. More recently, knowledge (know how) has come to be regarded as distinct from labor.
labor is in the Accounting & Auditing, Banking, Commerce & Finance and Economics, Politics, & Society subjects.
labor appears in the definitions of the following terms:
Rucker plan,
developer,
surplus value,
labor and material payment bond,
know how,
effective labor,
law of markets,
bill of quantities (BOQ),
general overhead account,
touch labor
and
labor appears in the other terms:
unfair labor practice,
distributable labor cost,
labor market,
sue, labor, and travel clause,
unfair labor practice strike,
labor-management committee,
towing and labor,
indirect labor,
labor agreement,
equivalent labor
and
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