| The concept of division of labour | @ronindboss

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Greetings
Dear members of Business Activity, it's nice for me to be posting here again, with the current drop in steem value is making a lot of users inactive but I'm sure they'll return with full alarcrity. Today I'll be discussing on division of labour and I'll enumerate the benefits of it. Without wasting much of your time, let's get started...

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Division Of Labour

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Division of labour is the concept of economics which focuses on dividing production processes into different sectors that specializes workers on a specific task. If workers focuses on a particular area of production, they tend to work faster and increase efficiency based on sufficient volume and quantity being produced.

The Concept of division of labour was idealized by a business man named Adam Smith. He first visualize this concept in 1776 as an inquiry in the Nature and Causes Of The Wealth Of Nations where he used a Pin factory as an example, he stated production and efficiency will be increased if every workers of the pin factory were given a particular role/area of production Rather than everyone to be performing the same thing. He research was successful and thus brought about the concept of division of labour.

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Why is Division of labour more efficient?

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• The workers required less training and only need to specialize in a single area of work.
• It's more faster to perform a particular tasks than multiple ones.
• it saves more time
• Movement is low which saves the workers stress and much faster.
• the workers focuses on an area where they're good at

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Potential problems associated with division of labour

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• it can be boring and repetitive since workers specializes in a particular area.
• Mistakes can occur when workers becomes bored.
• The whole production line could be stopped of there's an issue in the first stage.
• This strategy can is only profitable in large production firms.

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Globalisation Of Division Of Labour

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The current world economy has implemented the strategy of division of labour in their businesses, A developing country will focus on production of primary Products and advanced countries Will focus on processing and packaging, for example; the developing country concentrates on intensive Labour of picking Cocoa, then the Cocoa are them transported to advanced countries where the workers process, package and market the product.

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Conclusion

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With everything said above, division of labour helped solve the problem of low production that has been going on for years. Thanks for reading...⭐