Economics Dictionary of Arguments

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 Labour Time - Economics Dictionary of Arguments
 
Labour time: Labour time in economics refers to the amount of time workers spend producing goods and services. In classical and Marxist economics, it is central to the labor theory of value, where the value of commodities is determined by socially necessary labor time. It also influences productivity, wages, and economic output. See also Value theory, Production theory, Production function, Capital structure.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Robinson, Joan Labour Time   Robinson, Joan

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Ed. Martin Schulz, access date 2025-12-15