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Specialization can boom productiveness and offer a comparative gain for a corporation or economy. A country achieves economies of scale and by attaining a greater advantage in the specialized area.
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</h3><h3>What do you mean by Specialization?</h3>
Specialization is a way of manufacturing wherein an entity specializes in the production of a confined scope of products to benefit an extra degree of efficiency.
Microeconomic specialization includes the character actors and financial components, and macroeconomic specialization includes the large gain an economic system holds in production.
Therefore, Specialization can boom productiveness and offer a comparative gain for a corporation or economy.
Learn more about Specialization in economics here:
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The answer that best completes the statement is this: MORE PRODUCTIVE. Capitalist economic systems are said to be more productive compared to the socialist economic systems. Capitalism and Socialism are two of the formal economies. The reason why the capitalist economic systems are said to be more productive is that they are made up of both the buyers and the sellers and the main intention is business and to make profit. In contrast to socialist economic systems, they are only operated by public cooperatives.
The answer is C. Allow people to download your remix for free