Answer:
Specialization Leads to Economies of Scale
Explanation:
As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.
India
It's India because they needed vast caste system.
Factors for:
The land was suited to growing sugar.
Sugar was easy to load and ship.
Sugar was in HIGH demand. It was almost seen as a necessity by some people.
<span>the lack of protection for funds deposited by individuals in banks.</span>
