Labor intensity
Encyclopedia
Labor intensity is the relative proportion of labor (compared to capital
) used in a process. Its inverse is capital intensity
.
Capital (economics)
In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...
) used in a process. Its inverse is capital intensity
Capital intensity
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...
.