Labor Intensive

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Definitions
Labor Intensive
Labor Intensive Direct Labor Costs Capital Expenditure Capital Intensive Industry Analysis Production Costs
Labor intensive refers to industries or companies where labor costs are a more significant component of total costs compared to capital expenditures.
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Definitions
Labor-Intensive
Labor Intensive Labor Costs Capital Costs Human Effort Economic Activities Coal Mining Computer Programming
Labor-intensive refers to any activity in which labor costs are more crucial than capital costs. Such activities typically require a significant amount of human effort and time.
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