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

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2
Q

What is division of labour ?

A

breaking the production process down into simpler, more specialised tasks allowing more efficiency

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3
Q

What are the positives of division of labour ?

A

quicker
cheaper
increased production
expertise
less training
being able to introduce technology

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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

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