Factors of Production — Economics STD 10 — Question
ICSE BoardEnglish MediumSTD 10EconomicsFactors of Production2 Marks
Question
How does division of labour help in production?
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Answer
Increase in Efficiency of labour : When a worker does the same work again and again, he specialities in it. in this way, the division of labour leads to a great increase in effciency and hence production.
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