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Farm Work Is Usually an Outlet for Labor Even If

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Farm work is usually an outlet for labor even if many workers are underemployed in rural areas.See 21-2: Productivity: Key to Development


Definitions:

Percentage-Of-Completion Method

An accounting technique used to recognize revenue and expenses of long-term contracts as a percentage of work completed during the period.

Actual Construction Costs

The total expenses incurred during the construction of a building or infrastructure, including materials, labor, and any other costs.

Expenditures

Money spent or costs incurred in an organization's efforts to generate revenue.

Farmer

An individual engaged in the practice of agriculture, raising living organisms for food or raw materials.

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