Question

distinguish btw capital intensive and labour intensive industies

Answer 1

Explanation:

Capital intensive production requires more equipment and machinery toproduce goods; therefore, require a larger financial investment. Labor intensive refers to production that requires a higher labor input to carry out production activities incomparison to the amount of capitalrequired.

Answer 2

Answer:

Capital intensive production requires more equipment and machinery toproduce goods; therefore, require a larger financial investment. Labor intensive refers to production that requires a higher labor input to carry out production activities incomparison to the amount of capitalrequired.

Explanation:

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