Specialization-The Division of Labor-Enhances Productivity and Efficiency by

question 52

Multiple Choice

Specialization-the division of labor-enhances productivity and efficiency by

• A)allowing workers to take advantage of existing differences in their abilities and skills.
• B)avoiding the time loss involved in shifting from one production task to another.
• C)allowing workers to develop skills by working on one, or a limited number, of tasks.
• D)all of the means identified in the other answers.

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Definitions:

Erie Canal

A canal in New York, USA, that is part of the east-west, cross-state route of the New York State Canal System. Originally, it ran 363 miles from where Albany meets the Hudson River to Buffalo at Lake Erie, completed in 1825 and significantly impacting the development of the American Northeast and Midwest.

John Jacob Astor

A German-American businessman, merchant, real estate mogul, and investor known for being one of the wealthiest people in America in the early 19th century, notably in the fur trade and for purchasing vast amounts of land in New York City.

Self-Made Man

A person who has achieved success or wealth through their own efforts, particularly from a starting point of low status or disadvantage.

American Birthrate

The statistical measure that denotes the number of live births per thousand people in the United States within a given time period.