Question

According to the concepts of specialization and division of labor, breaking down a complex task into smaller ones and assigning these to specialists creates ______.

Answer 1

Answer:    Greater efficiency and lower average production costs

Explanation:  Specialization and division of labor as one of the preconditions for a successful market economy means more efficient production and lower production costs. This idea, given by the father of modern market economics, Adam Smith, means focusing specialists on certain simpler work tasks, rather than spreading out on multiple tasks at once, or performing complex tasks. Thus, division of labor and specialization have contributed to the automation of production, improving efficiency, because workers can quickly perform the same task countless times. In this way, the production time of a particular product is reduced, if one worker is ill he can be replaced immediately by another worker who has the same skills to perform simple tasks. By reducing the required production time and efficient necessary replacing, production costs are reduced.