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Capital Intensive
Industries or processes that require large amounts of capital investment in heavy machinery or equipment rather than labor.
Alternative Technologies
Refers to various options available for achieving a similar goal, especially in the context of energy sources, manufacturing processes, or digital solutions.
Labor Costs
The total expense incurred by employers for the wages, benefits, and taxes associated with the workforce.
Capital-Intensive
A production process that requires a higher ratio of capital (machinery, equipment) to labor.
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