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Difficulty: EasyDivision of Labor and Specialization

Which of the following is a primary economic advantage of division of labor in a production enterprise?

  1. It increases worker dexterity and efficiency through task repetitionAnswer
  2. B
    It eliminates worker monotony and boredom during production
  3. C
    It reduces the firm's dependence on market exchange and trade
  4. D
    It prevents the risk of structural unemployment among workers

Answer

It increases worker dexterity and efficiency through task repetition
The correct answer highlights that performing a specialized task repeatedly improves a worker's physical dexterity and efficiency, leading to higher output per worker.

Step-by-Step Solution

1
Identify the core concept
The concept is division of labor and its primary advantages as identified by Adam Smith.
Division of labor breaks production into smaller, specialized tasks.
2
Evaluate the primary operational benefits
Repeatedly performing the same operation leads to skill mastery, greater dexterity, time savings, and increased output.
Practice enhances specialized skill development.

Key Concept

Advantages of Division of Labor
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Topics

Division of Labor and Specialization

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