why capital intensive techniques are chosen in labour surplus economy ?

theory

• Suryanshi
• 5752 दृश्य
• 1 उत्तर

• In simple words labour intensive technique is that which uses comparatively larger amount of labour and small doses of capital. It is that technique by which more of labour and less of capital is required for the process of production.

  • Archana
  • 29 मार्च
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