![Labour intensive technology (One pound/Capital saving technology) Labour intensive technology (One pound/Capital saving technology)](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Labour intensive technology (One pound/Capital saving technology)
This is a production technique that employs more labour relative to other factors of production especially capital. It is called one pound technology because it is cheap and capital saving technology because it saves the use of capital.
CATEGORIES Economics
TAGS Dr. Bbosa Science