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what does the division of labor mean

It means that workers specialize in various production tasks

Division of labor is also known as

specialization

Specialization in production is important primarily because

Because it results in greater total output

Specialization enhances productivity and efficiency by

allowing workers to take advantage of existing differences in their abilities and skills, Avoiding the time loss involved in shifting from one production task to another, and allowing workers to develop skills by working on one, or a limited number, of tasks.

Specialization in production is economically beneficial primarily because

because it permits the production of a larger output with fixed amounts of resources