514,528 views
31 votes
31 votes
Human resource also known as production in the factor of labor , true or false?

User Coppro
by
2.8k points

1 Answer

15 votes
15 votes

Answer:

I think the answer is TRUE.

Step-by-step explanation:

Labor is the effort that people contribute to the production of goods and services. The factors of production in an economy are its labor, capital, and natural resources. Labor is the human effort that can be applied to the production of goods and services. People who are employed or would like to be are considered part of the labor available to the economy.

User JohnnyFaldo
by
3.0k points