Geography, asked by Mansi571, 1 year ago

name any four labour based industries give reason that why these industries are labour intensive

Answers

Answered by KunalS91
7
Hii frnd here is ur answer.

Four labor intensive industries include agriculture, mining, hospitality and food service.

these industry r labour intensive because.
Labor costs are considered variable, while capital costs are considered fixed. This gives labor-intensive industries an advantage in controlling expenses during market downturns by controlling the size of the employee base. Disadvantages include limited economies of scale as you cannot pay workers less by hiring more of them, and susceptibility to wage forces within the labor market.

Hope it help u.

KunalS91: Please mark me as brainlist.
Answered by bratislava
0

Agriculture, education healthcare and mining industries are four labour based industries.

Explanation:

  • There are many labour-intensive industries in the world and are referred to as labour intensive and they need a large amount of labour to produce goods and services. The degree of labour depends on the capital need to produce goods and services.  
  • Hence need large amounts of labour to process the tasks. With the advances in technology and work productivity, various labour-intensive industry like the mining, agriculture and hotels are all specialised sectors that offer specialised services that need time.

Learn more about the four labour based industries give reason that why these industries are labour intensive.

  • brainly.in/question/3918756 answered by KunalS91. 
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