'Labour intensive technique is the best technique of production'.Give two arguments in favour of and against this statement
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Labour intensive technique is the best technique of production
Explanation:
- Labour is a factor of production which is used intensive due to is relative demand in abundance on a given process to increase the production. This technique provides more employment, it needs less capital and fewer skills.
- The labor-intensive techniques are less productive, this technique prevents development, and it makes an economy less productive.
Learn more about the Labour intensive technique is the best technique of production'.Give two arguments in favour of and against this statement.
- brainly.in/question/18589808 answered by rjndrkate.
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