What does division of labor mean? How does it affect production and why?

Expert Solution

the division of labour represents the specialization of labours in a different task. Individuals and organizations are acquiring specialize or capable workers to take advantage of their capabilities. the division of work refers to the division of a large task or contract to a smaller task. the specialized capabilities may include skilled and trained labours.
An increase in the division of labour will affect the growth of total output and trade. also may rise of industrialised process and capitalism.

Rahul Sunny answered 1 year ago

6. The Elasticity of the Supply of Labor. What is it? How does this affect us?...

6. The Elasticity of the Supply of Labor. What is it? How does this affect us? Give example.

Define Life on Land How does Land affect production How does Land affect consumption How is...

Define Life on Land How does Land affect production How does Land affect consumption How is Life on Land good for Sustainable Development please include the sources that you used to find the answers to there questions

1a- What does the red growth mean in the DNase est? How does it affect the...

1a- What does the red growth mean in the DNase est? How does it affect the interpretation of the results 1b- What is the function of DNase in bacteria that test DNase positive? What advantage can it provide to the pathogen?

What is the “division of labor” and what example does Smith use to illustrate this idea?...

What is the “division of labor” and what example does Smith use to illustrate this idea? What limits the division of labor? Can you describe the process of technological innovation and its social consequences according to Marx?

What does organizational fit mean and how it can affect leadership success?

How does a recession affect WACC and why?

How does the minimum wage affect efficiency and equity in the labor market?

Companies diversify. Why? What are the benefits? How does this affect corporate strategy?

What is a neutral strategy? How does it affect TV production? (400 words, 2 sources)

What is meant by the “international division of labor”? What function does the periphery play vis-a-visthe...

What is meant by the “international division of labor”? What function does the periphery play vis-a-visthe center countries in this division of labor? Who benefits from it? What are the problems faced by primary product exporters? Are there primary products that countries might export which would, perhaps, not be subject to the same difficulties? Can you give some examples of so-called non-traditional primary products which it might be desirable to export? In general, what makes one export a “good” export...

Question