Register
Specialization is important in an economy because it leads to which important economic concept? allocation of resources price ceilings government regulation voluntary exchange
90.6k views
5 votes
Specialization is important in an economy because it leads to which important economic concept?

allocation of resources


price ceilings


government regulation


voluntary exchange

User Christian Engel
by
6.7k points

1 Answer

4 votes

It leads to voluntary exchange.

User Stephenb
by
6.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!