Capital intensity is the term for the amount of fixed or real capital present in relation to other factors of production, especially labor. At the level of either a production process or the aggregate economy, it may be estimated by the capital/labor ratio, such as from the points along a capital/labor isoquant.
Read more about Capital Intensity: Capital Intensity and Growth, Capital-intensive Industry, Measurement
Famous quotes containing the words capital and/or intensity:
“The capital is become an overgrown monster; which like a dropsical head, will in time leave the body and extremities without nourishment and support.”
—Tobias Smollett (1721–1771)
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