DIVISION OF LABOUR IN ECONOMICS DOWNLOAD

Narrow specialization of tasks within a production process so that each worker can become a specialist in doing one thing, especially on an assembly line. In traditional industries (see sunset industries), division of labor is a major motive force for economic-growth. he main focus of Adam Smith's The Wealth of Nations lies in the concept of economic growth. Growth, according to Smith, is rooted in the. By 'division of labor' is meant the specialization, of work. It refers to splitting up of a task into a number of Home» Economic Resources» Division of Labor.


DIVISION OF LABOUR IN ECONOMICS DOWNLOAD

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DIVISION OF LABOUR IN ECONOMICS DOWNLOAD


The danger of unemployment is another dis-advantage of Division of Labour.

When the worker produces a small part of goods he gets specialised in it and he does not have complete knowledge of the production of goods. For example — If a man is expert in buttoning the clothes and if he is removed or dismissed from the job, it becomes division of labour in economics for him to find the job of building.

Adam Smith and the Division of Labor

Thus, Division of Labour has a fear of unemployment. Reduction in Mobility of Labour: It has been observed that the mobility of labour is reduced on account of Division of Labour.

The worker performs only a part of the whole task.

DIVISION OF LABOUR IN ECONOMICS DOWNLOAD

He is trained to do that much part only. So, it may not be easy for him to find out exactly the same job where else, if he wants to change the place.

Division of Labour | Economics Help

In this situation the mobility of labour gets retarded. Creative Pleasure is killed: Division of Labour kills the creative pleasure of producing an article because many men contribute to the making of an article, none can claim the credit of making it.

The work cannot give him pleasure as no worker can claim the product as his own creation. In this none can be held responsible for bad production because none makes the whole article. When the result is division of labour in economics everybody tries to shift the responsibility to somebody else.

What is division of labor? definition and meaning -

This adds to the difficulties of administration. As we are that Division of Labour is concerned with large scale production in big factories which are owned by the rich people. No poor worker can afford to start his own production.

DIVISION OF LABOUR IN ECONOMICS DOWNLOAD

Therefore, they have to seek employment in big factories of rich people. These employers pay fewer wages to them as compared to their marginal productivity, because there is no other alternative to the workers but to work at very low wages.

Therefore, Division of Labour results in the exploitation of labour.

DIVISION OF LABOUR IN ECONOMICS DOWNLOAD

Employment of Women and Children: Division of Labour results in the large scale production in which children and women are also employed. It is because a simple and small part of the whole task can be easily performed by them.

Division of Labour: Meaning, Forms and Advantages | Economics

Examples of division of labour Ford motor factories. In the s, Henry Ford made use of the assembly line to increase the productivity of producing motor cars. On the assembly line, there was division of labour with workers concentrating on particular jobs.