Economy, asked by Cityweaves5075, 2 days ago

explain two advantages and disadvantages of specialisation

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Answered by 31prinsikakochar

Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors. The disadvantages of specialization include threats to uncompetitive sectors, the risk of over-specialization, and strategic vulnerability.

Answered by supriyarajput3008200

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