Economy, asked by sutharsushila, 8 months ago

Today's Division of Labour Leading to Specialisation flow chart

Answers

Answered by devamithra37
0

Answer:

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Answered by RamyaHarshi
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Answer:

The division of labour is the separation of tasks in any economic system or organisation so that participants may specialize (specialization). ... Division of labour generally also increases both producer and individual worker productivity.

Explanation:

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.

This concept was popularised by Adam Smith in An Inquiry into the Nature and Causes of the Wealth of Nations (1776). Famously, he used the example of a pin factory. Adam Smith noted how the efficiency of production was vastly increased because workers were split up and given different roles in the making of a pin.Workers need less training as they only have to master a small number of tasks

It is faster to use one particular tool and do one job.

No time is wasted with a worker dropping a tool and then picking up another.

Workers can gain loyalty and a sense of achievement from their branch of production.

There is no need to move around the factory; the half-finished good comes to them.

Workers can concentrate on those jobs which best suit their skills and temperament.

When production has very high volumes, the division of labour is necessary to get economies of scale.If workers are highly specialised, then the job can become very boring and repetitive. This can lead to low labour morale.

If workers lose the motivation to concentrate and do a good job, mistakes may creep in as they get bored.

An assembly line could grind to a halt if there is a blockage in one particular area.

Adam Smith himself recognised this potential problem and advocated education of the workforce so that they wouldn’t get too demoralised by their repetitive job.

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