Which of the Following Best Illustrates Specialization of Labour

question 179

Multiple Choice

Which of the following best illustrates specialization of labour?

• A) Workers who learn new,specialized skills are rewarded with higher pay.
• B) Semi-skilled workers are trained to perform only one task.
• C) Each labour union represents only one type of worker.
• D) Highly skilled craftspeople can do all the tasks required to make an item.
• E) Raw materials were provided to England in return for finished goods.

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Definitions:

Liquidity Positions

A financial term referring to the ability of a company or individual to meet its short-term financial obligations with its liquid assets.

Net Sales

Net sales are the total revenue from goods or services sold by a company, minus returns, allowances for damaged or missing goods, and discounts.