ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your Mail lady is an example of ____
A
Land
B
Labor
C
Entrepreneurs
D
Capital
Explanation: 

Detailed explanation-1: -Serving as a mailman, also known as a mail carrier, is a great opportunity for people who like to spend time outside. Although the job is physically demanding, the pay and benefits are decent. You can start work with the United States Postal Service right out of high school as long as you pass the appropriate exams.

Detailed explanation-2: -These workers register, certify, and insure mail, calculate and collect postage, and answer questions about other postal matters. They also may help sort mail. Postal service mail carriers deliver mail to homes and businesses in cities, towns, and rural areas.

Detailed explanation-3: -The Labour Force Participation Rate for males has gone up to 57.5% in 2020-21, as compared to 55.6% in 2018-19. Female Labour Force Participation Rate has gone up to 25.1% in 2020-21 from 18.6% in 2018-19.

Detailed explanation-4: -Long definition. Female labor force as a percentage of the total show the extent to which women are active in the labor force. Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. Source.

There is 1 question to complete.