Skilled Labor Dominates in Capital-Intensive Manufacturing Industry

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Question:

What proportion of skilled and unskilled labor best describes the capital intensive manufacturing industry?

Low labor usage but mainly skilled labor

High usage of labor with majority of unskilled labor

High usage of labor with majority of skilled labor

Moderate usage of labor with a mix of skilled and unskilled labor

Answer:

The capital-intensive manufacturing industry is characterized by significant investment in machinery, equipment, and technology, which typically reduces the reliance on labor. However, the labor that is required tends to be more skilled due to the need to operate, maintain, and manage sophisticated equipment and processes.

Therefore, the best description of the proportion of skilled and unskilled labor in a capital-intensive manufacturing industry is:

Low labor usage but mainly skilled labor