labor intensive definition

labor intensive

Industry or process where a larger portion of total costs is due to labor as compared with the portion for costs incurred in purchase, maintenance, and depreciation of capital equipment. Agriculture, construction, and coal-mining industries are examples of labor intensive industries. See also capital intensive.

labor intensive is in the Economics, Politics, & Society subject.

labor intensive appears in the definitions of the following terms: technology, light industry, capital intensive and heavy industry

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