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Division of Labor

The economic principle of division of labor, workers can concentrate on particular tasks when the production process is divided into stages. As long as there is enough volume and amount produced, workers who can focus on one particular component of production are more efficient overall.

Adam Smith made this idea widespread in his book An Inquiry into the Nature and Causes of the Wealth of Nations (1776). He famously cited a pin factory as an illustration. Adam Smith discovered how workers' division and assignment to various responsibilities during the manufacturing of a pin greatly boosted production efficiency.

Why is the labor division more effective?


1. Workers require less training because they just need to be proficient in a limited set of skills.

2. Using one specific tool to complete one task at a time is quicker.

3. When a worker drops one tool and then picks up another, no time is lost.

4. A worker's branch of production might increase their sense of loyalty and accomplishment.

5. They don't have to travel anywhere in the production; the partially finished product is brought to  them.

6. Employees can focus on the jobs that best match their abilities and personalities.



                                                       

Major Points

  • The division of labor is the process by which each stage of production is divided into sectors, each of which assigns a certain responsibility to an employee.
  • Production has improved through the division of labor, leading to substantial financial and economic gains.
  • The employer can hire less-paid unskilled labor in place of high-paid craftsmen, which lowers manufacturing costs.
  • However, the division of labor does not always result in a decline in working-class population abilities.




Advantages of Division of Labor

All of the developed world has adopted the division of labor. The majority of modern consumer goods demonstrate this. The iPhone, for instance, needs components like its shell, battery, screen, and circuit board. These are not all produced by Apple or even by the same individual. The company needs distinct businesses with deeper specialties. Among them are companies that make the camera in Japan, the accelerometer in Germany, the audio chip in the US, and the battery and assembly in China.


Reference

Boyce P, (2021). boycewire

Comments

  1. Razi Jalaldeen30 July 2022 at 01:58

    Please follow the proper citation and reference style

    ReplyDelete
  2. A Scholarly Chronicle30 July 2022 at 06:54

    Well summarized and recalled the previous lecture also. I may use your post as a short note for the subject. Thank you.

    ReplyDelete
  3. Dinithi30 July 2022 at 07:04

    Well written summary. 👌👌
    I think the font style that used for the topic should be changed as we look at the topic first before we start reading (Just a suggestion) 🙂 Keep it up

    ReplyDelete
  4. Rizna Rafiudeen4 August 2022 at 12:20

    very good article. using proper Citation and reference style will improve the quality further

    ReplyDelete
  5. Tharindu Sanjeewa Gunathilaka 8 August 2022 at 12:16

    Good article to understand about labour division. I would like to share another two major advantages of labour division.
    1 when a employee do the same thing for a long time the employee acquires expertise of his job.
    2 if a employee join for the full production an authority can be built with the employees. But with this system there is no chance to build an authority.
    In sri lanka also labour division is used in aparal industry. This labour division suits for factories. This system doesn't suit with all the industries.

    ReplyDelete
  6. PiyumiT4 September 2022 at 03:42

    thanks for sharing such a valuable information

    ReplyDelete
  7. Harsha4 September 2022 at 07:02

    you have described the topic very nicely.great effort. good luck.

    ReplyDelete

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