Which Statement Best Describes Why People Choose to Specialize

question 131

Multiple Choice

Which statement best describes why people choose to specialize?

• A) Training is too expensive to specialize in multiple occupations.
• B) Trade creates value.
• C) Specialization increases productivity.
• D) Specialization and trade allow them to consume more than they could produce individually.

Identify and describe effective scheduling techniques and their applications.

Comprehend the purpose and process of budgeting within organizations.

Understand the concept and importance of contingency planning.

Identify the concepts and techniques involved in setting performance standards.

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Definitions:

Erik Erikson

A developmental psychologist and psychoanalyst known for his theory on the psychosocial development of humans at different stages of their lives.

Preschool Period

A developmental phase focusing on children typically between the ages of three to five years old, prior to entering formal school, where foundational skills for learning, socializing, and understanding the world are developed.

Social Disapproval

Negative reactions or sanctions from society or a community towards behaviors or actions that are considered unacceptable or out of the norm.

Increase Fear

The amplification or escalation of the feeling of fear, likely due to perceived threats or anxiety-provoking situations.