Question
Differentiate between labour intensive and capital intensive production techniques.
| Capital intensive | Labour intensive |
| $1.$ Capital intensive production technique makes more use of machinery and automation. | $1.$ Labour intensive production technique makes more use of physical strength of people. |
| $2.$ It involves a large amount of capital. | $2.$ It requires less amount of capital |
| $3.$ Capital intensive production requires more equipment and machinery to produce goods. | $3.$ Labor intensive production requires a higher labor input to carry out production activities. |
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.