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Home > QFINANCE Dictionary > Definition of labor-intensive industry

Definition of

labor-intensive industry

Operations & Production

business requiring many workers an industry that needs large numbers of employees and in which labor costs are high in relation to other costs

Definitions of ’labor-intensive industry’ and meaning of ’labor-intensive industry’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’labor-intensive industry’ and other financial terms with our online QFINANCE Financial Dictionary.

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