Question

"How to produce "is a complex for less developed countries like India, Explain How?​

Answer 1

Answer:

The question for "How to produce?" is faced by the economy where they should consider either labour intensive techniques or capital intensive techniques depending upon the available resources in the economy. But in developing countries like India where there is abundance in the labour quantity, even if labour intensive technique is chosen then also according to the production per labour, many labourers remain unemployed.