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Division of Labor & Specialization Flashcards | StudBud

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What is it called when workers focus on a particular task?

Which option is NOT an advantage of specialization?

Division of Labor & Specialization

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Answers

1
Which option is NOT an advantage of specialization?
Lowers skill levles
Foster learning by doing
Saves time
Takes advantage of differences in ability
2
What is it called when workers focus on a particular task?
Monopoly
Specialization
Monotony
Production
3
How does specialization impact productivity?
Increases and then decreases
Increases
Decreases
Decreases and then increases
4
What are things used to produce more goods than services?
Capital resources
Natural resources
Human resources
5
Why do people in the United States enjoy a high standard of living?
Specialization
Government control of industry
Foreign trade
Entrepreneurship
6
What are the 4 factors of production?
Land, Labor, Industry, & Entrepreneur
Land, Labor, Capital, & Entrepreneur
Land, Natural Resources, Capital, & Employees
7
Ford Motor Company introduced what process in 1913?
Assembly line
Unionization
Mass marketing
Shift work