LABOR INTENSIVE - used to describe industries or sectors of the economy that relies relatively heavily ... LACHES - An equitable doctrine used by courts to bar a legal claim or prevent the assertion of a right ...
labor intensive production that uses a relatively low level of capital per worker. (17) labor market the market in which individuals supply their labor time to firms in exchange for wages and salaries. (12) ...
Labor Intensive A process or industry that requires a large amount of labor to produce its goods or services.
What is labor intensive? Is capital intensive is more preferable than labor intensive? Labor intensive business rely more on what to prosper? » More ...
Labor intensive Describing an industry or sector of the economy that relies relatively heavily on inputs of labor, usually relative to capital but sometimes to human capital or skilled labor, compared to other industries or sectors.
Service industries, which are usually labor intensive, have become increasingly important in domestic and international trade since at least the 1920s.
exports were relatively labor intensive compared with U.S. imports. This was the opposite of what economists expected at the time, given the high level of U.S. wages and the relatively high amount of capital per worker in the United States.
A farmer will have a variety of farming expenses; one of the major expenses is labor. The farming industry is labor intensive because the production of commodities requires manpower throughout its production cycle.
LCB is generally used for contracts involving: (a) labor intensive activities; (b) small value; (c) locally procurable services or goods priced below the world market; (d) intermittant work; or (e) activities to be performed at numerous sites.
I wanted to be able to enter the number of shares I currently hold and the price purchased but it did not allow that without entering the date purchased. I simply found this to be too labor intensive and have no plans to use this service.
Upon receiving the certificate, the client must find a safe location to keep the certificates. If they are lost, stolen or damaged, it is the shareholder's responsibility to have the certificates replaced, which is a labor intensive process.
See also: Compensation, Banks, Expense, Free trade, Saving
 
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