The division of labour is the separation of tasks in any economic system so that
participants .... Marx argued that increasing the specialization may also lead to
workers with poorer overall skills ...
www.thefreedictionary.com/Specialization of labor
(Industrial Relations & HR Terms) a system of organizing the manufacture of an
article in a series of separate specialized operations, each of which is carried out
Specialization of Labor For tens of thousands of years, mankind survived by
doing whatever they could to find food and shelter for themselves and their
This different category gives rise to the four categories of specialization, land
specialization, capital specialization, labor specialization or division of labor.
Specialization of labor is a classic economic theory. Plato discussed the
specialization of labor in his work “Republic”. Plato wrote about this theory by
saying the ...
Specialization of Labor. The Assyrians had many jobs ... and varied work life. By
this stage in history, their culture had developed a wide range of specializations.
Labor specialization is one of the key features of modern economic systems,
enabling factories and other business operations to produce goods on a global ...
It is a production process which uses division of labour to produce large number
of goods at the lowest possible cost that is by dividing labour into the production ...
Therefore this will lead to an increase in labour productivity and firms will be able
to benefit from economies of scale (lower average costs with increased output) ...
Key Words: division of labor; specialization of labor; income distribution. 1.
INTRODUCTION. The importance of specialization of labor as a source of