discussion board 5.1
- The mean of production is things we need to use in order to create something that will help our economy grow. For example we need farms in order to make produce but we need to have seeds in order to grow produce. Labor is the work done by people to create something, for example physically baking for a bakery shop for 8 hours.
- I believe values is when you put all your time and effort into the work you, or when a product is always sold out so the value in it rises.
- Labor and value is related because the amount of time and work you put into something creates value, and value comes from the goods and services from labor.
- The differences is that labor is when work is being physically performed by someone while labor power is what a worker has to offer in order to receive their wage.
- surplus value is when a worker over works themselves and go above and beyond for a small amount of wage. I think surplus values is important because it points out the different social classes.
