how to product ia a complex fro less developed countries like india,explain how
Answers
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The production is complex for less developed countries like India because it has low development. It also lacks in terms of technology and due to this they have problem in how to produce. The development is not at all good in the small countries and countries lack in technology.
Answer:
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How to produce means using which techiques production should be done .It means through capital intensive or labour intensive. It is a complex problem for less developed countries like India because unemployment in India is more so it is hard to decide that which technique government should use to produce . Labour intensive absorbs more labour hence it will reduce the problem of unemployment but it is low in efficiency while on the other hand capital intensive is high in efficiency but low in labour absorption hence it will create unemployment.