Which of the following industry is a capital intensive? *
air craft industry
sugar industry
automotive industry
cement industry
Answers
Answered by
10
Answer:
The early textile mills had required relatively small amounts of capital in comparison to the new ironworks and steelworks. Capital intensive industry replaced labor-intensive production, which relied on the hiring of more workers. The distribution and consumption of goods failed to keep pace with industrial growth.
ᕼOᑭE IT ᕼEᒪᑭᔕ YOᑌ
Similar questions