Know more about productive factor of production,LABOUR

SHUBHA KM 1731836

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Labour and Employment are the two concepts of economics which are very crucial to be understood by the children of high school as they are entering the age  of beginning of the age of working population.This lesson plan is aimed at explaining some of the concepts related to labour.Useful for students,teachers as well as parents ;

  • Know about the importance of labour as a productive factor of production.
  • To know the meaning of working population.

that labour is a human input which adds value to the goods and services produced. Hence it is very important to have good quality and quantity of labour force. 

 

Lesson tags: 
Advanced Placement (AP)
International Baccalaureate (IB)
Good for Parents
Creative Commons License: 
Attribution Non-commercial ShareAlike CC (BY-NC-SA)
State: 
Indiana