WAEC Economics 2013 Question 24

Question 24

Agriculture

An agricultural production process which uses more machinery relative to labour is referred to as

  1. A.large-scale farming.
  2. B.capital intensive farming.
  3. C.commercial farming.
  4. D.land intensive farming.
Show the answer and explanation

Answer: B (capital intensive farming.)

Explanation

Using more machines (capital) than labour is capital-intensive.