MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

GDP

What is produ...

Question

What is productive labour?

A

All kinds of labour which lead to the creation of material goods or assets for earning an income

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Labour which cannot make any contribution to the production of goods and service

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Both

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A All kinds of labour which lead to the creation of material goods or assets for earning an income
Productive labour- All kinds of labour which lead to the creation of material goods or assets for earning an income is productive labour.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Which of the following would lead to faster production of goods and services?

Q. Moving or distributing goods from places of production (Origin Centres) to Markets (destination centres) refers to the creation of ______________.

Q. In manufacturing unit the purchase department purchased 50 tonnes of raw material for production department. Although only 40 tonnes was needed by the production department. Due to this goods were overproduced and not accepted by sales department. As result some goods remained unsolved.
(i) Which aspect of management is lacking above
(ii) Explain any two points of importance of that aspect.

Q. Any economic activity related to the production of goods, extraction of minerals or provision of services is referred to as an _______.

Q. Identify the term used for activities that lead to the production of goods and services.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Employment

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon