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25 August, 12:51

Highlight four ways of improving productivity of labour as a factor of production

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  1. 25 August, 15:27
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    Following are the four ways for improving the productivity of the labour is given below

    Explanation:

    If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor. Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity. If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity. Giving the incentive to labor at the particular interval of time we will increase the productivity.
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