Skip to content 
Labour-intensive refers to a type of industry or process that requires a large amount of human labor to produce goods or services, often involving manual work rather than automation or machinery. This typically implies higher employment but can also mean lower efficiency and productivity compared to capital-intensive industries, which rely more on automated equipment and technology.
Key Benefits
– Job Creation: Labour-intensive industries are pivotal in generating employment opportunities. By requiring a large number of workers, these industries help absorb the labor force, particularly in developing regions with high unemployment rates.
– economic growth: these industries contribute significantly to economic development. as They generate jobs, They increase household incomes, leading to higher consumer spending and stimulating local economies.
– skill development: Labour-intensive industries often provide on-the-Job training, which helps improve the skill sets of workers. This training can increase worker productivity and potentially lead to further economic advancement.
– Poverty Reduction: By creating jobs in rural and underdeveloped areas, Labour-intensive industries play a crucial role in reducing Poverty levels. employment opportunities lead to better living conditions and more access to education and healthcare.
– social stability: employment provided By Labour-intensive industries can contribute to social stability. when more people are employed, there is Generally a Reduction in social issues linked to Poverty and unemployment, such as crime and social unrest.
Related Terms
– Job Creation: Labour-intensive industries are pivotal in generating employment opportunities. By requiring a large number of workers, these industries help absorb the labor force, particularly in developing regions with high unemployment rates.
– economic growth: these industries contribute significantly to economic development. as They generate jobs, They increase household incomes, leading to higher consumer spending and stimulating local economies.
– skill development: Labour-intensive industries often provide on-the-Job training, which helps improve the skill sets of workers. This training can increase worker productivity and potentially lead to further economic advancement.
– Poverty Reduction: By creating jobs in rural and underdeveloped areas, Labour-intensive industries play a crucial role in reducing Poverty levels. employment opportunities lead to better living conditions and more access to education and healthcare.
– social stability: employment provided By Labour-intensive industries can contribute to social stability. when more people are employed, there is Generally a Reduction in social issues linked to Poverty and unemployment, such as crime and social unrest.
References
For further insights into these processes, explore Zycus’ dedicated resources related to Labour-Intensive:
White Papers
Master the UK Procurement Act 2023: Ensure Compliance & Drive Procurement Excellence
Filter by
Supplier Collaboration
Supplier Collaboration is the systematic, relationship-driven approach to working with suppliers to improve performance, strengthen operational continuity, drive innovation, and
Supplier Compliance
Supplier Compliance is the discipline of ensuring that every supplier engaged by an organization consistently meets internal policies, regulatory requirements,
Non-Disclosure Agreements (NDAs) in Procurement
A Non-Disclosure Agreement (NDA) is a legally binding confidentiality contract between an organization and a supplier, ensuring sensitive information exchanged
Consolidated Invoice
A Consolidated Invoice is a single invoice document that aggregates multiple individual transactions or services provided over a certain period,
Compliance Scorecard
A Compliance Scorecard is a structured tool used within procurement processes to evaluate and ensure that all sourcing activities adhere
Contract Addendum
A contract addendum is a formal document that modifies or adds terms to an existing contract without altering its original
