product of labour

  • 1Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …

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  • 2Labour productivity — is defined by the OECD to be the ratio of a volume measure of output to a volume measure of input OECD Manual: “Measuring Productivity; Measurement of Aggregate and Industry Level Productivity Growth.” (2002) Volume measures of output are… …

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  • 3Product Red — Product Red, styled as (PRODUCT)RED, is a brand licensed to partner companies such as Nike, American Express (UK), Apple Inc., Starbucks, Converse, Bugaboo, Penguin Classics (UK International), Gap, Emporio Armani, Hallmark (US) and Dell. It was… …

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  • 4labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …

    Universalium

  • 5Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …

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  • 6Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …

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  • 7labour — la‧bour [ˈleɪbə ǁ ər] , labor noun [uncountable] 1. work involving a lot of physical or mental effort: • The garage charges £65 an hour for labour. • those involved in repetitive, unskilled manual labour (= work that involves using your …

    Financial and business terms

  • 8Labour and Labour Legislation — • Labour is work done by mind or body either partly or wholly for the purpose of producing utilities Catholic Encyclopedia. Kevin Knight. 2006. Labour and Labour Legislation     Labour and Labour Legislation …

    Catholic encyclopedia

  • 9Labour Unions (Moral Aspects) —     Labour Unions (Moral Aspects)     † Catholic Encyclopedia ► Labour Unions (Moral Aspects)     Since a labour union is a society, its moral aspects are determined by its constitution, its end, its results, and the means employed in pursuit of… …

    Catholic encyclopedia

  • 10Labour voucher — Labour vouchers (also known as labour cheques, labour certificates, and labour time vouchers) are a device proposed to govern demand for goods in socialism, much as money does under capitalism.Labour vouchers were first proposed in 1820 by Robert …

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