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Agronomy
Factors governing supply of labor
Agronomy

Factors governing supply of labor

Musa May 5, 2018

Factors governing supply of labor

The labor supply is the total hours that workers wish to work at a given real wage rate. The supply of labor is affected by numerous factors.
(1) Density of rural population: The thickly populated areas have ‘a large number of labor supply for farm work than areas having low density of population.
(2) Health:health, physical development and deficiency in work influence considerably the total supply or labor.
(3)  Wages:  The wages of labor influence the labor supply. High wages always attract the labor.
(4) Personal interest of labor: The labor prefers to work of their own interest and preference.
(5) Security: If any farm provides more regular employment and job security than others, the labor will have the preference for the farm.
(6) Mobility: The mobility of labor gives opportunity to seek profitable employment outside then village. For this reason labor supply will be affected in village.
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Musa

I'm studying plant pathology. I have completed my Bachelor of Science in Agriculture degree.

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