Labor intensity
Financial ratio
Nº Q2992784 ★★★
Rare · Literature
Labor intensity
Financial ratio
Labor intensity is the relative proportion of labor (compared to capital) used in any given process. Its inverse is capital intensity. Labor intensity is sometimes associated with agrarianism, while capital intensity is sometimes associated with industrialism.
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From Wikipedia
Labor intensity is the relative proportion of labor (compared to capital) used in any given process. Its inverse is capital intensity. Labor intensity is sometimes associated with agrarianism, while capital intensity is sometimes associated with industrialism. Labor intensity has been declining since the onset of the Industrial Revolution in the late 1700s, while its inverse, capital intensity, has increased nearly exponentially since the latter half of the 20th century.
Text: Wikipédia, CC BY-SA 4.0. ·
