3.3.2 - How to Produce?
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Practice Questions
Test your understanding with targeted questions
Define labor-intensive production.
💡 Hint: Think about where most of the work is done.
Give one example of a capital-intensive industry.
💡 Hint: Consider industries that use a lot of machinery.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is an example of labor-intensive production?
💡 Hint: Consider industries that require extensive manual effort.
True or False: Capital-intensive production requires significantly less capital investment.
💡 Hint: Think about the costs involved in using machines.
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Challenge Problems
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Imagine a country transitioning from agriculture to advanced manufacturing. Analyze the economic impacts this may have.
💡 Hint: Consider both benefits and challenges.
Propose a strategy for a developing country struggling with unemployment to effectively utilize both labor-intensive and capital-intensive methods.
💡 Hint: Think about how different approaches can coexist to promote growth.
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