groomssherry
groomssherry groomssherry
  • 21-11-2018
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what is a system based on the use of machines rather than on animals or human power

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palebadgworthy
palebadgworthy palebadgworthy
  • 03-02-2019

The system defined is a capital-intensive production system.

Producing requires the combination of the so-called factors of production: land, labor and capital. When production relies, in a higher proportion, on capital accumulation and the usage of machines in large production plants, rather than on human force, it is a capital-intensive production system.

If, on the other hand, production relied, in a higher proportion, on an extense labor force it would be a labor-intensive production system.

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