Question

Which statement best illustrates an example of economic specialization?

Answer 1

The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone."

This statement is correct because business specialization tries to focus on producing a very specific element to make it perfect to satisfy the necessities of its clients. Furthermore, companies bet on specialization because in this way they can have fewer competitors in the market, trying to increase the number of sales and the profit.