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Link to original content: http://simple.wikipedia.org/wiki/Labour_(economics)
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Labour (economics)

From Simple English Wikipedia, the free encyclopedia

Labour or labor is work done by people. Labor is one of three factors of production. The other two factors are land and capital.

People who can work are also known as human capital, referring not necessarily to what they actually do, but to their abilities.

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  • Wage, paying someone for labor.