Specialisation/Division of Labour Flashcards
1
Q
Specialisation Definition
A
The concentration of a worker, firm, region or nation to produce a narrow range of goods/services.
2
Q
Advantages of Specialisation
A
- Big range of goods/services, lots of smaller specialisation
- Greater output and quantity
- Economy benefit, greater trade, leads to growth SoL increase
3
Q
Disadvantages of Specialisation
A
- Dependance of finite resources, increase price/runs out
- Reliance on good weather
- Changing tastes/fashion
- National Interdependence
- Deindustrialisation, other countries produce better unempl
4
Q
Definition of Division of labour
A
Large production lines are broken down into separate tasks
5
Q
Advantages of DoL
A
- Workers become skilled at their job
- Time taken decreases
- Increase production/productivity
- Cost-effectiveness / consumer benefit from lower prices
6
Q
Disadvantages of DoL
A
- Boredom
- Payment are low
- Wroking conditions are poor
- Too much reliance on other countries