Economy, asked by venswarnamala1020, 1 year ago

Labour intensive technology

Answers

Answered by studu
0
Labour intensive technology is a techniq of production in which limited capital and more labours are emoloyed.This type of technology are practiced in country where there is shortage of capital and abundance of labour.
Answered by shahsaleem
1

Labour-intensive production means that the way that a good or service is produced depends more heavily on labour than the other factors of production, such as capital. Labour intensive method of production is usually used for individual or personalised products, or to produce on a small scale.

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