Specialization of Labour Means That

question 43

Multiple Choice

Specialization of labour means that

• A)job security is ensured.
• B)each worker is self- sufficient.
• C)different individuals perform different tasks in the production process of any given product.
• D)different individuals produce different products.
• E)a barter economy is not necessary.

---

Definitions:

Future Generations

Individuals who will live in the succeeding periods, whose interests are considered in long-term planning and sustainability efforts.

Eco-Efficiency Measure

An assessment of the economic performance of a process or product in terms of its environmental impacts, aiming for sustainability by reducing resources used and waste produced.

Material Price Efficiency

Material price efficiency is a measure of how effectively a business acquires its materials at a cost equal to or less than the standard or expected cost.

Energy Efficiency

The goal to reduce the amount of energy required to provide products and services.