name the factors that influence the division of labour
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There are certain qualities which a worker acquires by education, general and technical. Among these attributes may be mentioned honestly intelligence, perseverance, judgment, health and strength of the body, resourcefulness, sense of responsibility, etc. Efficiency of labour depends also on these qualities
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Factors that influence the division of labour are:-..
(1) Wide Market: ...
(2) Large Scale Production: ...
(3) The Quantity of Capital Available: ...
(4) Nature of Demand: ...
(5) Organising Ability: ...
(6) Spirit of Co-operation: ...
(7) Laws of Increasing Returns: ...
(8) Availability of More Labour and Capital:
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