Chapter 15 Flashcards
1
Q
Productivity
A
Rate at which goods are produced
2
Q
Job Rotation
A
Practice of regularly changing the person who does a particular job
3
Q
Piece rate
A
The amount of money that is paid for each item a worker produces, rather than for the time taken to make it
4
Q
Division of labour
A
breaking down of the production process into small parts with each worker allocated to a specific task
5
Q
Specialisation
A
Production of a limited range of goods by individuals, firms, regions or countries
6
Q
A
