Capital-intensive production techniques are most likely to be found in:

Question

Quizplus · Accepted Answer

High-income nations generally have access to more capital and advanced technology, which allows for the implementation of capital-intensive production techniques. This type of production requires a significant amount of investment in machinery, equipment, and other fixed assets. Middle-income and low-income nations generally have less capital and are more likely to use labor-intensive production techniques instead. Oil-producing nations may have significant revenues from natural resources but this does not necessarily translate into investments in capital-intensive production techniques.

Capital-Intensive Production Techniques Are Most Likely to Be Found In