labour-intensive goods
1labour-intensive — ˌlabour inˈtensive , labor intensive adjective COMMERCE MANUFACTURING needing a lot of workers in order to produce something: • The company was using old, labour intensive production methods. • Whereas goods production can be automated, the… …
2labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …
3labour, division of — the separation of a work process into a number of tasks, with each task performed by a separate person or group of persons. It is most often applied to systems of mass production and is one of the basic organizing principles of the assembly …
4Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique …
5capital-intensive — Used to describe industries that require large investments in capital assets to produce their goods, such as the automobile industry. These firms require large profit margins and/or low costs of borrowing to survive. Bloomberg Financial… …
6Portal:Organized Labour — Wikipedia portals: Culture Geography Health History Mathematics Natural sciences People Philosophy Religion Society Technology Main page   …
7international trade — Introduction economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …
8Heckscher-Ohlin model — The Heckscher Ohlin model (H O model) is a general equilibrium mathematical model of international trade, developed by Eli Heckscher and Bertil Ohlin at the Stockholm School of Economics. It builds on David Ricardo s theory of comparative… …
9economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …
10Monopolistic advantage theory — The monopolistic advantage theory is an approach in international business which explains why firms can compete in foreign settings against indigenous competitors.[1] Development It is frequently associated with the seminal contribution of… …
