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Who performed the extensive fieldwork that supported the 1821 hypothesis put forth by I. Venetz?
Labor
The work performed by humans which is often measured in terms of hours or productivity and is a fundamental factor of production.
Market Wage
The prevailing pay rate for work of a given nature in a specific market or industry.
Labor Supply
The total hours that workers are willing and able to work in a given period, often influenced by factors like wages, working conditions, and social norms.
Capital
Financial assets or the financial value of assets, such as cash and goods, used to generate wealth through investment or production.
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