What's it: As a factor of production, labor refers to the workers' efforts (physical and mental) used in the production process. It connotes what the individual contributes (services), not refer to the individual himself (workers). So, labor can
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What's it: As a factor of production, labor refers to the workers' efforts (physical and mental) used in the production process. It connotes what the individual contributes (services), not refer to the individual himself (workers). So, labor can