Labour (economy): Difference between revisions
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In economic theory, '''labour''' is one of the three [[factors of production]]. The other factors are [[land]] and [[capital]]. | In economic theory, '''labour''' is one of the three [[factors of production]]. The other factors are [[land]] and [[capital (economics)|capital]]. | ||
Alongside [[land]] labour is also recognised by most(? Samuelson uses the phrase ''often called'', pp. 50) economist as a primary factor.<ref>Samuelson and Nordhaus ''Econoics'' (1989).</ref> | Alongside [[land]] labour is also recognised by most(? Samuelson uses the phrase ''often called'', pp. 50) economist as a primary factor.<ref>Samuelson and Nordhaus ''Econoics'' (1989).</ref> | ||