What is the difference between Labor and Labour
It may be measured in terms of manhours or number of people.The way the word is spelled depends on the where and by whom the text was written.These laws concern the relationship between unions and collective bargaining agreements.That makes them capable of performing labor.Labor is now the american spellings.
British english (the more popular) uses the spelling 'labour', while american english did not see the reason for the 'u' and use the spelling 'labor'.Because of this vagueness, it is easy to confuse between labor and entrepreneurship.Labour (mass noun) is what women undergo so that they can give birth to a newborn baby.As nouns the difference between labor and labour is that labor is while labour is effort expended on a particular task;All other labor is, by default, classified as indirect labor.
Labor has been considered a factor of production in all schools of economic thoughts.• conservative party is a centre right party while labour party is a centre left party.Labor is the monthly or weakly salary of a worker.The act of a mother giving birth.Labour is a measure of work done by humans.
Capital does not only include cash, but also physical equipment and machinery needed to produce.On the other hand, human capital refers to the people themselves and their expertise, skillsets, competency, knowledge, etc.Labor is the american spelling.