3.Division of Labour

Question 1

What is the division of labor?

Answer 1

Dividing the workload into small tasks among workers.

Question 2

What is specialization?

Answer 2

A skill gained through repetition to perform better.

Question 3

What are the 4 types of specialization?

Answer 3

Firm specialization
departmental specialization
regional specialization
country specialization

Question 4

6 advantages of the division of labor?

Answer 4

Less time consumed
Lower rate of errors
Lower cost through mass production
Easy to replace workers
Easier to train workers
Easily design tools and equipment that would increase efficiency

Question 5

3 disadvantages of division of labor

Answer 5

Sickness related to the job
Absenrtism affects the job process
Boredom and lack of motivation

Question 6

4 benefits of specialization

Answer 6

Lower cost through mass production
Become an expert in the field
Employ specialist workers
Countries can engage in international trade by exporting excess output which leads to globalisation of countries in which they can trade, spread information, technology, and workers