0 not using the most recent equipment or methods:
a low-tech economy
1 using machines, equipment, and methods that are not the most advanced:
Many studies show that the source of growth for low-tech industries comes from technical efficiency improvement.
It will probably be a low-tech hybrid of a concrete foundation, blockwork walls and timber roof panels.
These new low-tech entrants take advantage of the fact that high-skill workers now accept low-tech vacancies.
That is, for low-tech firms, high- and low-skill workers are perfect substitutes in production.
Southern firms enter until the expected profit from posting a low-tech vacancy is zero.
In particular, as high-skill workers have better outside options, low-tech firms must pay them higher wages than they would pay to lowskill workers.
Plans to place low-tech versions of the operations room in each of the nationalised factories similarly strove to augment worker participation.
Note that the two types of firms can coexist in equilibrium because the low-tech firms pay lower wages but employ less productive workers.
He discovers the limitations of a low-tech approach, while exploring resonance and respect as the basis of a compositional relationship.
中文繁体
低技術的,科技含量低的…
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低技术的,科技含量低的…
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poca tecnología, (de) baja tecnología…
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düşük teknoloji…
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rudimentaire, faible technologie, de faible technologie…
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technologie používající jednoduché nástroje/metody, používající nízkou technologii, zastaralý…
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gammeldags, utidssvarende…
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teknologi sederhana…
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