Specialisation (CH6) Flashcards

1
Q

Define specialisation

A

Concentration of production on a narrow range of goods/services. Where workers complete a specific task in the production process

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2
Q

Define Division of Labour

A

Organising employees so individuals specialise in one part of the production

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3
Q

Specialisation DIS

A
  • Finite resources
  • Change in trend
  • De-industrialisation
  • National independence
  • Bored
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4
Q

Specialisation ADS

A
  • Higher Output per head ( Trade increases, Growth increases)
  • Greater allocative efficiency
  • Higher productivity due to workers
  • Quality improvements
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