In North America and much of Western Europe, labor is generally regarded as an expense rather than a corporate asset.

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In North America and much of Western Europe, the prevailing business mindset often views labor primarily as a cost to be minimized, rather than as an asset or investment that can generate long-term value for the company. This perspective influences how companies manage their workforce, focusing on reducing labor costs through measures such as automation, outsourcing, and minimizing wage increases.

In North America and Much of Western Europe, Labor Is