alleryWhich production method uses more machines and less labour?
ALabour-intensive
BManual labour method
CTraditional farming
DCapital-intensive
Answer & Solution
Correct answer: D. Capital-intensive
Capital-intensive methods rely on machines and technology in place of many workers.
Keep practising Building Blocks in Economics
Browse all Building Blocks in Economics questions for CBSE Class 9, or explore more Social Science topics.
Related questions
What is one way entrepreneurs can exploit opportunities?What does bootstrapping try to minimise?Which two thinkers defined entrepreneurship in terms of risk-taking?What do venture capital firms take for seed money?What do revenue-based financing lenders receive for growth capital?Which activity describes startup investing?What is an internal startup in a large company?When is a startup usually in its seed round?