Specialistation Flashcards

0
Q

Advantages of Specialisation (4)

A
  • improve skill level of workers
  • increases quality of products
  • increase productivity (output per worker)
  • leads to economic growth and higher standards of living
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1
Q

What is Specialisation?

A

The concentration of a worker, firm, region or country on a narrow range of goods and services

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2
Q

Disadvantages of (3)

A
  • may lead to repetitive tasks and a bored workforce
  • leads to vulnerability (e.g one worker falls sick, no products can be produced. Very reliant on everyone)
  • lack of flexibility (workers can’t move since they are specially trained to do one job)
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