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1. |
Difference between labour intensive and Capital intensive.. |
Answer» 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. | |