Question

How can specialization benefit an economy?

a. it stops unemployment.
b. it makes production more efficient.
c. it leads to competition.
d. it makes labor easier to control.

Answer 1

The correct answer to this question is letter "b. it makes production more efficient." Specialization benefit an economy is that it makes production more efficient. In this way, specialization will help the company to focus on a specific product and make the production to be efficient.