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Explain basic types of labor processes

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The text says that the economy may be thought of as a collection of labor processes. What are the two basic types of labor processes? How are they connected in the capitalist economy? How are they coordinated?

The two basic types of labor processes are production and reproduction.

They are connected through their inputs and outputs. So, for example, Starbucks has the inputs of labor which is grinding the coffee beans and steaming the milk. The output which is the consumer goods is the latte created from the labor.

Reference no: EM132661265

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