when a country has a large labour forvce , it is beneficial to use a method of production which is
Answer Details
When a country has a large labour force, it is beneficial to use a method of production that is labour intensive. This means that the production process relies heavily on the use of labour, rather than on capital, land, or technology. A labour-intensive production method can be advantageous for several reasons.
Firstly, in a country with a large labour force, there may be a surplus of available workers, which can make labour relatively inexpensive. By using a labour-intensive production method, firms can take advantage of this surplus labour and reduce their production costs.
Secondly, a labour-intensive production method can help to create employment opportunities for a large number of people, which can be especially important in countries with high levels of unemployment or underemployment.
Thirdly, a labour-intensive production method can help to develop the skills and capabilities of the labour force. By relying on the use of labour, workers can gain valuable experience and develop new skills, which can improve their productivity and enhance their employability.
Overall, a labour-intensive production method can be a useful strategy for countries with a large labour force. By utilizing this method, firms can reduce their production costs, create employment opportunities, and develop the skills and capabilities of their workforce.