Which term describes all human effort involved in production?

The term that describes all human effort involved in production is "Labour." In economic terms, labour refers specifically to the physical and mental effort that individuals contribute to the production of goods and services. This includes not just the work performed by employees in various jobs but also the skills, knowledge, and effort that workers invest in their tasks.

Labour is one of the key factors of production, alongside land, capital, and enterprise. It is essential for transforming raw materials and ideas into finished products and services, making it a fundamental component of the production process. Understanding labour as a factor of production emphasizes the value of human resources in an economy, highlighting how important skilled and unskilled workers are to overall productivity and economic growth.