Question

Discuss several of the major factors that may affect the quantity and quality of a labor in a nation. Give examples

Answer 1

The quantity and quality of labour is affected by the following:

1. The education & Training system in a nation.

2. The employment opportunities available therein.

3.The standard of living in that nation.

4.The hereditary & regional qualities

5. The working conditions for labour.

6.The wages & working hours for labour.

7.The factory environment & nature of machines.

8. Prospectus of promotions in their positions.

9. Climatic & social conditions they people live in.

10.Social security & Political stability