What is suitable technology, Business Economics

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What is suitable technology?

Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniques low technology in under developed rural regions.
Conversely, LDCs frequently prefer capital-intensive projects since, although they give less immediate employment, they assure higher rates of growth.

Several LDCs are considered as having a comparative benefit in manufacturing that is labour intensive and needs low capital for example as textiles and canning fruit are suitable technology.


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