'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.
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- brainly.in/question/18589808 answered by rjndrkate.
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