187k views
4 votes
What role does specialization play in the productivity of an economy

User Jijinp
by
5.5k points

1 Answer

6 votes

Answer:

The specialization is the term that plays an important role in the economy productivity as it focuses on the various types of tasks for providing the skilled employees in an organization.

It basically increase the production of the products and the services in the market and it majorly concentrate on the efforts for increase the productivity.

The main objective of the specialization is that it producing the various types of products at lower cost so that the production become increase.

User Stephen Nutt
by
5.1k points