capital-intensive production
- capital-intensive production
This refers to techniques of
production , and represents the proportion of
capital (machinery, equipment, inventories) relative to
labour , measured by the capital-labour ratio. The term is frequently used in the development literature to characterize the nature of the
industrialization process and to examine its consequences for growth in employment
vis-à-vis output.
Dictionary of sociology.
2013.
Look at other dictionaries:
capital intensive — adj. Requiring a large amount of equipment for production. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
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Capital Intensive — A business process or an industry that requires large amounts of money and other financial resources to produce a good or service. A business is considered capital intensive based on the ratio of the capital required to the amount of labor that… … Investment dictionary
capital-intensive — Denoting a technique of production that requires a high ratio of capital to labour costs. Compare labour intensive … Big dictionary of business and management
Capital Intensive — A project or production process that uses a relatively large amount of capital. ► See also Capital … Financial and business terms
Capital intensity — is the term in economics for the amount of fixed or real capital present in relation to other factors of production, especially labor. At the level of either a production process or the aggregate economy, it may be estimated by the capital/labor… … Wikipedia
Capital accumulation — Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. Capital can be generally defined as assets invested with the expectation that their… … Wikipedia
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Intensive farming — or intensive agriculture is an agricultural production system characterized by the high inputs of capital, fertilizers, labour, or labour saving technologies such as pesticides relative to land area. [http://www.britannica.com/eb/article 9042533… … Wikipedia