Individuals who are paid by someone in exchange for labor or service are referred to as:________

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02-08-2022
Social Studies

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Individuals who are paid by someone in exchange for labor or service are referred to as:________

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Tushargupta0691idn Tushargupta0691idn · Answer 1 · 2022-08-10T01:10:57-04:00

Individuals who are paid by someone in exchange for labor and service are referred to as wage laborers.

Wage Laborers are the people that sell their services in exchange for the money paid by the employer. They sell their services under an informal contract that stays between the employers and the wage laborers. These exchanges occur in the labor market, where the price of the payment is determined by the market. Wage Laborers are the people whose primary income comes from selling their labor in exchange for money. Wage laborers are only employed in places where unskilled tasks have to be performed.

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