WORLD HISTORY

Detailed explanation-1: -Division of labor occurs when workers are allocated different tasks to perform, and it can lead to increased efficiency as each worker becomes better at their specific task.

Detailed explanation-2: -In the initial stages of production, specialization and division lead to an increasing marginal product of labour for workers, allowing workers to concentrate on a few tasks so that they become more skilled at doing them quickly and efficiently.

Detailed explanation-3: -Specialization Leads to Economies of Scale As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.

Detailed explanation-4: -There is no significant difference between division of labour and specialization of labour as these are synonyms. Both these concepts involve dividing the main process into different tasks, assigning each task to individual workers or group of workers.

Detailed explanation-5: -The increase in productivity is exactly the ultimate reason for the separation and specialization of tasks in manufacturing. This form is known as detailed or technical division of labor.