Mass production and Division of labour Flashcards
DIVISION OF LABOUR
Process where production procedure is broken down into sequence of stages, and workers are assigned to a particular stage.
SPECIALISATION
Production of limited range of goods by individual, firm or country which together produces a complete range of goods.
Name the 2 ways to increase productivity
1) Increase no. of workers
2) Increase capital productivity i.e. buy a machine or employ a more skilled (higher human capital worker)
Name the features of a specialised worker
- More practice skill, more proficient
- Training can improve productivity
- Tools allow us to further specialise
Name the features of a specialised firm
- Individual firms become more specialised e.g. producing steel
- Other firms, produce complimentary goods
- Output from both firms brought together to produce new goods
What is reduced with division of labour between job to job?
Lag time
What can you not get without division of labour?
Mass production
What can increase productivity of labour?
Education & training
Name disadvantages of specialised labour?
- Work is tedious (workers may become complacent and less willing to work)
- Gain a limited set of skills
- Difficult to deploy areas