What is the differentiate between labor and capital intensive technology?

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1213089

2026-02-28 22:20

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By way of an example: Digging holes can be labor or capital intensive. You can use 1000 workers with cheap shovels

(labor intensive) or 1 worker with an expensive "steam shovel" (capital intensive). Some things cannot be done

either way like picking strawberries (labor intensive) or manufacturing microcircuits (capital intensive).

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