Specialization of Labor

question 158

Multiple Choice

Specialization of labor

• A)increases productivity without creating any problems
• B)reduces productivity, and is usually eliminated by business firms
• C)can create problems of boredom and repetitive motion injuries
• D)prevents the introduction of more sophisticated and efficient production techniques
• E)ignores individual preferences and natural abilities

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Definitions:

Company Favouritism

The practice of giving unfair preferential treatment to one's own company or specific employees within it.

Class Structure

The organization of society into hierarchical layers based on socio-economic status, wealth, or occupation.

Income Distribution

The way in which total income is shared among the members of a society.

State Of The Economy

The general condition of a nation's economic system in terms of growth, stability, and overall health.