ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the most likely the result of human specialization or the division of labor?
A
It reduces output by dehumanizing workers
B
It reduces output by discouraging workers from learning a wide variety of tasks
C
It increases output by enabling workers to take advantage of differences in their skills
D
It increases output by allowing workers to each perform a wide variety of tasks
Explanation: 

Detailed explanation-1: -Answer and Explanation: Human specialization or the division of labor (b) reduces output by discouraging workers from learning a wide variety of tasks. Through the division and specialization of labor, workers are fixated at one spot in the production processes.

Detailed explanation-2: -Specialization makes workers excel at their assigned tasks, which results in increased production for a company. High production can translate into high profits. In terms of consumers, division of labor ensures that they receive high-quality products.

Detailed explanation-3: -Specialisation refers to a worker only performing one task or a narrow range of tasks. In the case of firms, it refers to different firms specialising in producing different goods or services. Division of labour refers to different workers performing different tasks in the course of producing a good or service.

Detailed explanation-4: -Specializing labor creates room for experts to do their jobs well. This can lead to increased productivity because you’re training less and producing more. Dividing labor can efficiently make use of specific skill sets and increase employee satisfaction.

There is 1 question to complete.