wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What are the differences between productive and unproductive labour?

Open in App
Solution

Productive labour helps to increase the existing goods and services produced in an economy by the use of their knowledge and skill.Hence, GDP rises because of their efforts.
Unproductive labour does not produce any goods and services in an economy. Hence GDP does not rise in this situation.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Rich Countries
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon