Asked by
Tyben Densborn
on Oct 09, 2024Verified
The division of labor means that:
A) labor markets are geographically segmented.
B) unskilled workers outnumber skilled workers.
C) workers specialize in various production tasks.
D) each worker performs a large number of tasks.
Division of Labor
The separation of the work required to produce a product into a number of different tasks that are performed by different workers; specialization of workers.
- Recognize the role of division of labor and specialization in enhancing productivity and economic output.
Verified Answer
IC
Learning Objectives
- Recognize the role of division of labor and specialization in enhancing productivity and economic output.