“Labour intensive technique is the best technique of production”.

1.	“Labour intensive technique is the best technique of production”. Give arguments in favour of and against this statement.
Answer» Arguments in favour of: 1. Labour intensive technique provides more employment opportunities. 2. Labour intensive technique needs less capital. 3. Labour intensive technique requires less skill only. Arguments against: 1. Labour intensive technique is less productive. 2. Labour intensive technique prevents development 3. Labour intensive technique makes the economy less productive

“Labour intensive technique is the best technique of production”. Give arguments in favour of and against this statement.

Answer»

Arguments in favour of:

1. Labour intensive technique provides more employment opportunities.

2. Labour intensive technique needs less capital.

3. Labour intensive technique requires less skill only.

Arguments against:

1. Labour intensive technique is less productive.

2. Labour intensive technique prevents development

3. Labour intensive technique makes the economy less productive

Discussion

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“Labour intensive technique is the best technique of production”. Give arguments in favour of and against this statement.

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