Question

What are 3 reasons why the division of labor increase an economys level of production?

Answer 1

Division of labor refers to the division of large task into smaller tasks. It is the allocation of tasks to individuals or organizations according to the skills and knowledge they possess. When tasks among workers get divided then each worker is able to produce more efficiently.

Specialization this allows workers to focus on the protection of their specialize talents. Workers that specialize in their task tend to produce higher quality items more quickly. Allows consumers and producers to take advantage of economies of scale.

Answer 2

Answer: The correct answer is:

1. Difference in abilities: Each person has their own characteristics that allow them to be better in some activities than in others.

2. Learning through experience: Assuming that there are two people with the same abilities, dedicating a person to an activity makes that person become a specialist in carrying it out, as it allows him to develop skills and discover better techniques that simplify the job.

3. Time saving: The fact that a worker is permanently dedicated to a single task avoids the loss of time due to the passage from one job to another.

Step-by-step explanation:

In general, the division of labor is the separation of tasks in any economic system for participants to specialize. Individuals, organizations and nations are gifted or acquire specialized capabilities and form combinations or exchanges to take advantage of the capabilities of others in addition to their own. Specialized capabilities may include equipment or natural resources, in addition to skills and training, and complex combinations of such assets that are often important, such as when multiple items of specialized equipment and specialized operators are used to produce a single product.