Register
Distinguish between capital intensive and labour intensive​
281,222 views
4 votes
4 votes
Distinguish between capital intensive and labour intensive​

User ValentinV
by
2.9k points

2 Answers

12 votes
12 votes
Capital intensive industries required a great amount of machinery to produce the product.

Labour intensive products required a larger amount of human labor to bring it off.
User Alexandre Cassagne
by
3.3k points
19 votes
19 votes

answer:

capital intensive

— industries require a greater amount of machinery to produce the product

labour intensive

— product requires a larger amount of human labor to bring it off

Step-by-step explanation:

ex:

capital intensive

— telecommunications, airlines, automobile manufacturing, oil production

labour intensive

— food service, hospitality, public education, agriculture

credits: online search!

User Sachin Gorade
by
3.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm
Link Copied!