Which of the following describes a production process that uses more capital than labor?

The term that describes a production process that uses more capital than labor is capital intensive. In a capital-intensive production process, a significant amount of financial investment is directed toward machinery, equipment, and technology, as opposed to relying heavily on human labor. This approach is often seen in industries where advanced technology enhances efficiency and output, such as manufacturing and automation.

For example, an automobile factory utilizing robotic assembly lines requires substantial capital investment in machines and technology to produce vehicles efficiently. The focus is on maximizing production capabilities and minimizing labor costs, which ultimately leads to lower unit costs when producing large quantities.

In contrast, labor-intensive production relies more on human labor than on machinery. Balanced production indicates an equal reliance on both capital and labor, not emphasizing one over the other. Resource-efficient production pertains to the effective use of resources but does not specifically denote the ratio of capital to labor. Thus, capital intensive is the correct understanding in this context as it highlights the predominance of capital in the production process.