specialisation and division of labour

Question 1

what is the specialisation and division of labour?

Answer 1

where workers are trained in a specific skill, creating a production line

Question 2

benefits of specialisation of labour?

Answer 2

cost-effective to train, increases productivity, can make goods cheaper, increases business profits, shifts PPF outwards and increases GDP

Question 3

disadvantages of specialisation of labour

Answer 3

the team becomes inflexible to change, workers may get bored so become less productive