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SS1: ECONOMICS - 2ND TERM

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Lesson 8, Topic 2
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Efficiency of Labour

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Topic Content:

  • Meaning of Efficiency of Labour
  • Factors Affecting the Efficiency of Labour

Efficiency of labour is the ability of labour to increase output without increasing the quantity of labour.

Efficient labour will lead to an increase in the number of goods and services produced. An increase in the efficiency of labour will result in an increase in the output of labour.

Factors Affecting the Efficiency of Labour:

1. Education and Training: The level of training 

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Victoria
Victoria
29/01/2022 12:21 PM

It was really helpful for me.
It really enhanced and explained everything. It will be so good if it was an online class

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