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en.wikipedia.org/wiki/Specialization_(functional)

Specialization (or specialisation) is the separation of tasks within a system. In a multicellular ... Adam Smith described economic specialization in his classic work , The Wealth of Nations. Specialization is when people specialize in one thing or  ...

www.investopedia.com/terms/s/specialization.asp

This specialization is therefore the basis of global trade, as few countries have ... Production efficiency is an economic level at which the economy can no longer ...

study.com/academy/lesson/specialization-in-economics-definition-lesson-quiz.html

Aug 25, 2015 ... How does one increase productivity? Why do nations focus producing certain goods over others and then trade? These questions are ...

work.chron.com/meaning-specialization-economics-21745.html

Economic theory defines specialization as the production of one or just a few goods and services. In other words, it refers to how an individual, organization, ...

bizfluent.com/about-5348857-meaning-specialization-economics.html

Sep 26, 2017 ... The economic concept of specialization helps answer this question. Under specialization, economic actors concentrate their skills on tasks at ...

www.britannica.com/topic/specialization-economics

The intensive specialization in industrial societies—the refinement and simplification of tasks (especially associated with a machine technology) so that a worker ...

www.economicshelp.org/microessays/as/specialisation-division-labour

Specialisation occurs when workers are assigned specific tasks within a production process. Workers will require less training to be an efficient worker.

www.tutor2u.net/economics/reference/specialisation

Specialisation is when we concentrate on a product or task.

www.myaccountingcourse.com/accounting-dictionary/specialization

Oct 10, 2017 ... Definition: Specialization, sometimes called business dexterity, refers ... economic efficiency and opportunities for growth for competing firms in ...