division of labour and specialisation

Why are most countries better off specializing in the production of particular goods, and then trading with other nations to obtain whatever else they need? 

• Transportation costs are lower than they were a century ago.
• Resources are not evenly distributed among countries.
• Greater investment of capital goods increases productivity.
• People have limited resources to satisfy unlimited wants. 

When a project is divided, or broken down, into smaller job is known as ---------------

• Interdependence

• Specialization

• Division of Labor

When people depend on each other to get the things they need and want is known as ---------------

• Interdependence

• Specialization

• Division of Labor

How can you use division of labor at home?

• each of my family members can make their own sandwich

• mom can make sandwiches while we watch TV

• mom gets the bread on plates, brother puts mayo, sister puts ham, dad puts cheese, and I close the sandwich and add chips

• mom makes sandwiches, dad gets drinks, and siblings and I relax

Which of the following best describes Division of labour?

• Breaking down of work into smaller units

• Doing variety if diversified work

• Each worker creates the final product

Which of the following is an advantage of division of labour?

• Less job satisfaction

• Delays in work

• Increased speed of work

Which is not true about division of labour?

• Large scale production

• Requires less training

• Highly repetitive work

Which of the following requires division of labour?

• Teaching

• Typing

• Tailoring

Division of labour reduces productivity

• True

• False

Which of the following is a disadvantage of division of labour?

• Increased Flexibility of workers

• Reduced total cost of producing goods

• Repetitive jobs