o labour costs
o labour-intensive industries
o lagging economy
o laisser-faire economy
o land reform
o land tax
o large-scale
o law of supply and demand
o leading indicator
o leading industries
o leading/cutting edge technology
o leasing
o less developed countries
o life cycle
o life expectancy
o light industry
o limited liability company
o liquidity ratio
o living standard
o long-term
o luxury goods industry