Specialisation Flashcards
unit 1.2.4
1
Q
What is specialisation ?
A
the process by which individuals, firms, and economies concentrate on producing those goods and services in the most advantageous way to them
e.g. Qatar with oil
2
Q
What is division of labour ?
A
breaking the production process down into simpler, more specialised tasks allowing more efficiency
3
Q
What are the positives of division of labour ?
A
quicker
cheaper
increased production
expertise
less training
being able to introduce technology
4
Q
What are the negatives of division of labour ?
A
repetitive and boring work
only giving employees one skill
workers have more power to disrupt production