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Feb 13, 2024 · The division of labor is the specialization of tasks within a production process. It is a key concept in economics and is often considered one of the main causes of the increased productivity and economic growth since the Industrial Revolution.
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise ( specialisation ).
Meaning of Division of Labour: Division of Labour means that the main process of production is split up into many simple parts and each part is taken by different workers who are specialised in the production of that specific part.
Definition: Division of labour is an economic concept which states that dividing the production process into different stages enables workers to focus on specific tasks. If workers can concentrate on one small aspect of production, this increases overall efficiency – so long as there are sufficient volume and quantity produced.
Apr 5, 2024 · The meaning of DIVISION OF LABOR is the breakdown of labor into its components and their distribution among different persons, groups, or machines to increase productive efficiency.
Jan 28, 2020 · The division of labour is the process of splitting a job into smaller, interconnected tasks and assigning each task to an individual worker, thereby generating efficiency gains due to the positive effects of specialisation.
a way of organizing work, especially making things, so that it is done as a set of separate processes by different people or groups: By encouraging cooperation between departments, the company is challenging the traditional division of labour within the organization. a global division of labour between developed and developing countries.
