economics

Question 1

Dicision of labour

Answer 1

when we specialise in one activity we usually can produce more than we need for survival we can trade this surplus with others who specialsie in another area

Question 2

mechanisation

Answer 2

the use of machinery and technology yo increase the amount of surplus goods and services an individual or group can produce. This decreases the need for labour in the production process and increases the quality and quantity of goods and services produced.

Question 3

interdependence

Answer 3

when specialisation (concentrating only one job or product) leads to greater reliance on others to obtain goods and services we no longer produce ourselves this must occur for us to meet both our needs and wants everyday. e.g. teacher relies on a dentist and doctors farmer relies on a truck drivers. A cleaner relies on an electrician to fix his broken floor polishing machine.