I agree with the statement that developing countries often use technologies that are more capital-intensive than desirable.

The justification for this is that developing countries are often in a rush to catch up with developed nations. They tend to adopt advanced technologies that require significant capital investment, even though their labor costs are relatively low. This can lead to an imbalance in the capital-labor ratio, with too much emphasis on capital. While these technologies can boost productivity and economic growth in the short term, they may not be sustainable in the long run. They can lead to job losses and social inequality, and they may not be suitable for the specific needs and conditions of the developing country. Therefore, it would be more desirable for these countries to adopt appropriate technologies that make better use of their abundant labor and scarce capital.

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I agree with the statement that developing countries often use technologies that are more capital-intensive than desirable.

The justification for this is that developing countries are often in a rush to catch up with developed nations. They tend to adopt advanced technologies that require significant capital investment, even though their labor costs are relatively low. This can lead to an imbalance in the capital-labor ratio, with too much emphasis on capital. While these technologies can boost productivity and economic growth in the short term, they may not be sustainable in the long run. They can lead to job losses and social inequality, and they may not be suitable for the specific needs and conditions of the developing country. Therefore, it would be more desirable for these countries to adopt appropriate technologies that make better use of their abundant labor and scarce capital.

Knowee AI · Accepted Answer

I agree with the statement that developing countries often use technologies that are more capital-intensive than desirable.

The justification for this is that developing countries are often in a rush to catch up with developed nations. They tend to adopt advanced technologies that require significant capital investment, even though their labor costs are relatively low. This can lead to an imbalance in the capital-labor ratio, with too much emphasis on capital. While these technologies can boost productivity and economic growth in the short term, they may not be sustainable in the long run. They can lead to job losses and social inequality, and they may not be suitable for the specific needs and conditions of the developing country. Therefore, it would be more desirable for these countries to adopt appropriate technologies that make better use of their abundant labor and scarce capital.

Short Extended Questions (Desirable length of answers 80-90 words each)Developing countries use technologies, that are often more capital-intensive (high capital-labor ratio) than desirable.Do you agree or disagree with the statement? (25-30 words, 6 marks)Justify your answer (55-60 words, 14 marks)

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