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:
“Nobility is a graceful ornament to the civil order. It is the Corinthian capital of polished society.”
—Edmund Burke (1729–1797)
“The bourgeois treasures nothing more highly than the self.... And so at the cost of intensity he achieves his own preservation and security. His harvest is a quiet mind which he prefers to being possessed by God, as he prefers comfort to pleasure, convenience to liberty, and a pleasant temperature to that deathly inner consuming fire.”
—Hermann Hesse (1877–1962)