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What is socially necessary labor 2024?

Daniel Clark | 2023-06-10 04:42:33 | page views:1908
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Ava Garcia

Studied at Harvard University, Lives in Cambridge, MA
The simplest definition of socially necessary labour time is the amount of labour time performed by a worker of average skill and productivity, working with tools of the average productive potential, to produce a given commodity. This is an "average unit labour-cost", measured in working hours.
2023-06-11 04:42:33

Scarlett Lee

QuesHub.com delivers expert answers and knowledge to you.
The simplest definition of socially necessary labour time is the amount of labour time performed by a worker of average skill and productivity, working with tools of the average productive potential, to produce a given commodity. This is an "average unit labour-cost", measured in working hours.
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