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labour is hand made meaning without machines

capital is with machines

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13y ago

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Is a feed mill capital intensive?

Owning a feed mill is a capital-intensive operation


Is it labor intensive or capital intensive in china?

Both


What is one capital intensive industry in the Caribbean?

one capital intensive industry in the Caribbean is the commercial bank


What is the differentiate between labor and capital intensive technology?

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).


Define capital intensive technology?

requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant


What is the opposite of capital intensive?

Asset light


Is capital intensive is more preferable than labor intensive?

It totally depends on what business you are running, such as a builder would want a labor intensive business, whilst a car maker would want a capital intensive business, disserent businesses need different things.


Determine factors that will influence to choice between labor intensive and capital intensive technique?

Size of the business


Is the pulp and paper industry capital intensive?

According to one ranking, the pulp and paper industry is twice as capital intensive as any other major U.S. industry


Why are some organisations capital intensive and others labor intensive?

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


What is capital intensive industry?

A capital intensive industry is one that uses a lot of money to get started. Many business startups fail at this stage because not enough investment was made.


What countries typically manufacture capital-intensive products such as autos?

Capital-intensive products (such as cars, trucks, construction equipment, and industrial machinery) are manufactured by countries with a strong industrial base.