capital intensity 1
noundomain: possession
EnWordnet [ver.5.0]
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EnglishDefinition
the amount of fixed or real capital present in relation to other factors of production, especially labor; simply the ratio of the total money value of capital equipment to the total potential output.
Examples
- 1.The Austrian School maintains that the capital intensity of any industry is due to the roundaboutness of the particular industry and consumer demand.
