Low labor costs refer to situations where wages paid to workers involved in agricultural activities are relatively inexpensive.
Related terms
Migrant Workers: Migrant workers are individuals who move from one region or country to another in search of employment opportunities, often working in sectors such as agriculture where there may be lower labor costs.
Mechanization: Mechanization involves using machinery or automation instead of manual labor for tasks like planting seeds or harvesting crops. It can reduce reliance on human workers when labor costs are high.
Outsourcing: Outsourcing occurs when companies hire external organizations or workers from other regions/countries to perform certain tasks or functions, often seeking lower labor costs.