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.
one capital intensive industry in the Caribbean is the commercial bank
According to one ranking, the pulp and paper industry is twice as capital intensive as any other major U.S. industry
tourism industry
requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant
In economics, to simplify, labor and capital. Light industry is labor intensive industry while heavy industry is focused on capital investment.
Large scale industries which are capital intensive .........................................
Owning a feed mill is a capital-intensive operation
Both
my uncle and aunt are scheduled to arrive at gate 9 of o'hare airport on american airlines flight 26.
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).
Labor-intensive refers to a production process that relies more on human labor than machinery or technology, while capital-intensive refers to a process that relies heavily on machinery, equipment, or capital investment rather than on labor. Labor-intensive industries require more manual work and intensive supervision, while capital-intensive industries involve larger investments in equipment and technology.
It is possible for competition to force competitors into capital intensive production in order to compete. When a firm does this, they can gain a competitive edge over others in the industry and get more customers because their competition will have to charge more to cover the expenses.