Many poor countries, by definition, have little capital to invest in technology. At the same time, they often have a large pool of low-skill workers who are accustomed to low wages. In these conditions it makes sense to invest the resources they do have (cheap labor) instead of the resources they don't have (capital).
Wealthier countries tend to invest capital in technology because it allows for fast production without the use of as much manual labor, which in wealthier countries costs more than in poorer countries. Richer countries also often have stagnant or negative population growth, meaning that the pool of low-skilled workers is limited. In these conditions it makes sense to invest in technology, not labor
Relatively poor countries often have abundant labor resources and limited access to capital. Therefore, they tend to rely on labor-intensive technology as it is more cost-effective for them. On the other hand, rich countries have higher levels of capital and advanced technology, enabling them to invest in more capital-intensive technologies that increase productivity and efficiency.
They have a good economy, good healthcare, good technology, relatively little emigration(because it is a nice place to live), all leading to more people. And its a relatively small country. More people in smaller space=more crowding.
All of them.
Capital crimes are those punishable by death. In many countries and states there are no capital crimes. The most common capital crimes are murder, rape and treason.
Quito, Ecuador Lima, Peru
the capital city of Portugal is Lisbon and Portugal is located in the continent of Europe.
requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant
labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output
Capital-intensive products (such as cars, trucks, construction equipment, and industrial machinery) are manufactured by countries with a strong industrial base.
By way of an example: Digging holes can be labor or capital intensive. You can use 1000 workers with cheap shovels (labor intensive) or 1 worker with an expensive "steam shovel" (capital intensive). Some things cannot be done either way like picking strawberries (labor intensive) or manufacturing microcircuits (capital intensive).
costs:- technology has multi-dimensional impact on costs, one hand technology determines what combination of various factor is to be used e.g capital -intensive technology or labor intensive technology
Capital-intensive
capital-intensive.
Owning a feed mill is a capital-intensive operation
Both
labour is hand made meaning without machines capital is with machines
one capital intensive industry in the Caribbean is the commercial bank
its a secret