Homonym: Labour (Work)
Labour refers to the physical and mental effort used in the production of goods and services. It encompasses a wide range of activities, from manual work in industries to intellectual tasks in offices. The workforce, or labor force, includes individuals who are employed or actively seeking employment.
In economics, labour is considered one of the key factors of production, alongside land, capital, and entrepreneurship. The quality and quantity of labour can significantly impact a country's economic growth and productivity. Various factors, such as education, skills, and working conditions, influence the effectiveness of labour in the economy.