asked 205k views
0 votes
The relationship between labor and business

1 Answer

3 votes

Answer:

People provide their labor to businesses in exchange for wages, and they trade their unpaid leisure time for paid work time to make a living and to be able to purchase goods and services. Businesses, in turn, use this labor to produce goods and services demanded by consumers.

Step-by-step explanation:

answered
User Ziad Alame
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.