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Home > Terms > English, UK (UE) > Labour
Labour
The aggregate of all human physical and mental effort used in creation of goods and services.
Labor is a primary factor of production. The size of a nation's labour 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 labour for wages.
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- Part of Speech: verb
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- Industry/Domain: Accounting
- Category: Auditing
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