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Difference between labour intensive and Capital …

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Difference between labour intensive and Capital intensive..

Posted by Aditi Gurjar 7 years ago

CBSE > Class 11 > Economics

1 answers

Suhani Sharma 7 years ago

a ‘Labour Intensive’ product requires a larger amount of human labor to bring it off. Labour Intensive goods and services would include food service, hospitality, public education, agriculture (to some extent…but not as it used to be 50 years ago). ‘Capital Intensive’ industries require a greater amount of machinery to produce the product. Telecommunications, airlines, automobile manufacturing, oil production to name a few.

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