Explain the relationship between modern work and division of labour. 2marks
Answers
The division of labour is the separation of tasks in any economic system or organisation so that participants may specialize (specialization). Individuals, organisations, and nations are endowed with or acquire specialized capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. The division of labour is the motive for trade and the source of economic interdependence.
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Division of labour is an economic concept which states that dividing the production process into different stages enables workers to focus on specific tasks. If workers can concentrate on one small aspect of production, this increases overall efficiency – so long as there are sufficient volume and quantity produced.