What Are 5 Factors That Affect The Labor Force?

What Are 5 Factors That Affect The Labor Force? The five factors that affect the labor market are: social change, population shifts, world events, government actions, and the economy. What are the factors of labour? 1] Perishable in Nature. … Browse more Topics under Theory Of Production And Cost. … 2] Labour is Inseparable from

What Is The Main Characteristics Of The Labor Factor Of Production?

What Is The Main Characteristics Of The Labor Factor Of Production? Some of the characteristics are: 1. Labour is original and indispensable factor of production 2. Labour is an active factor of production 3. Labour is perishable than any other commodity 4. What are the characteristics of the factors of production? The factors of production