1 / 15

Labour intensive or capital intensive

Labour intensive or capital intensive. Labour refers to the workers that work in t he factory or industry. If an industry is labour intensive, it requires many labourers to do work in the production process. When refering to industries, capital can mean money or machines.

kobe
Download Presentation

Labour intensive or capital intensive

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Labour intensive or capital intensive

  2. Labour refers to the workers that work in the factory or industry.

  3. If an industry is labour intensive, it requires many labourers to do work in the production process

  4. When refering to industries, capital can mean money or machines When refering to capital intensive, we mean machines

  5. Capital intensive industries means that the industry requires mostly machines to do the work

  6. Are these examples of capital intensive industries, or labour intensive ones?

  7. Examples of labour intensive industries Garment/clothing Some construction Assembling Michael Jackson toys

  8. Examples of Capital intensive industries Oil production Car factories Chemical factories

More Related