A Final statement or concluding statement
The physical and mental talents people bring to production processes comprise the resource called Labor.
The mental and physical efforts expended by humans in the production of goods and services. This is one of four basic resource categories, or production factors. Capital, land, and entrepreneurship are the other three.
Workers are the human component of the production process (excluding risk-taking entrepreneurship).
For most types of production, it takes center stage.
Labor accounts for roughly two-thirds of production in modern industrialized economies such as the United States.
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