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Economics A Level (DONEEEEEEE)

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Pregunta:

What is the Division of Labour? -What did Adam Smith say about it - use the Example with Pins

Autor: eric_galvao



Respuesta:

-This is where Production splits into Multiple Tasks, and Different People are selected to Each Task. -Adam Smith said Productivity would increase Massively. 1 Untrained worker wouldn't make 20 Pins a Day, but 10, with Division of Labour and Specialisation, would make 48,000


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