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  • 14-01-2021
  • History
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3.) What is “specialization” and why do we, businesses, and nations do it?

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lynchlm064
lynchlm064 lynchlm064
  • 14-01-2021

Answer:

As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.

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