LS5 - Specialisation and the Division of Labour Flashcards

(8 cards)

1
Q

Specialisation

A

Specialisation is the production of a limited range of goods and services by someone

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2
Q

Division of Labour

A

The division of labour is when labour becomes specialised in a particular part of the production process

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3
Q

Productivity

A

Productivity is the effectiveness of productive effort measured in rate of output.

An increase in productivity leads to an increase in output a more efficient use of resources

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4
Q

Advantages of Division of Labour

A
  • Labour productivity increases because workers are quicker and more efficient at the task they are assigned with
  • Workers only need to be trained for one task. This cuts down on training costs
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5
Q

Disadvantages of Division of Labour

A
  • Repeatedly doing one task leads to boredom and can lead to poor quality of work
  • Because the workforce have such limited training, they end up being trained to complete only one task and this can lead to structural unemployment where workers are under qualified for the jobs they do
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6
Q

Advantages of Specialisation

A
  • The theory of comparative advantage states countries should specialise in producing goods with lower opportunity costs. This means producing goods that are easier to produce and can lead to greater output
  • Greater Output
  • Increase in exports
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7
Q
A
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8
Q

Disadvantages of Specialisation

A
  • Countries can become over dependent on one type of export. It can lead to a decline in other sectors
  • Countries that specialise on non renewable sources may face a dramatic decline once the resources run out
  • Structural Unemployment
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