Which of the following is NOT true about sp..

Question 1 Report

Which of the following is NOT true about specialization or division of labour?

Specialization and exchange go hand in hand

Specialization implies that each person produces a surplus of one or a few items (e.g commodities) n which he is specialized

Division of labour needs not take account of the extent of the market

Division of labour results in increased productivity

Division of labour involves the danger of unemployment