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What (who) is labor-intensive techniques - definition
FINANCIAL RATIO
Labor intensive; Labour intensity; Labour-intensive; Labor-intensive; Labour intensive; Labour-intensive industry
Labor intensity
Labor intensity is the relative proportion of labor (compared to capital) used in any given process. Its inverse is capital intensity.
labour-intensive
¦ adjective needing a large workforce or a large amount of work in relation to output.
labour-intensive
Labour-intensive industries or methods of making things involve a lot of workers. Compare capital-intensive
. (BUSINESS)
. (BUSINESS)
Construction remains a relatively labour-intensive industry.
ADJ
Wikipedia
Labor intensity
Labor intensity is the relative proportion of labor (compared to capital) used in any given process. Its inverse is capital intensity.
Labor intensity has been declining since the onset of the Industrial Revolution in the late 1700s, while its inverse, capital intensity, has increased nearly exponentially since the latter half of the 20th century.
