Economy, asked by jyotipmodi74, 4 months ago

can we say that capital intensive is the one of the causes of poverty​

Answers

Answered by sunamiagarwal
2

Answer:

yes it can be said because doing extra investment in capital is useless to just show the standard. if the same money is used in the development then it would help to eliminate poverty

Explanation:

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Answered by anchalatri220
0

Answer:

yes...

Capital intensive refers to a productive process that requires a high percentage of investment in fixed assets (machines, capital, plant) to produce.

A capital-intensive production process will have a relatively low ratio of labour inputs and will have higher labour productivity (output per worker).

Explanation:

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