Specialization - SS1 Economics Past Questions & Answers - page 1

1

What is specialization?

A

Focusing on a particular area or activity of work

 

 

 

B

The allocation of work to different workers based on seniority

C

The outsourcing of work to other companies

CORRECT OPTION: a
2

What are some examples of specialization?

A

Doctors specializing in different areas of medicine

 

B

Teachers focusing on teaching a specific subject

C

Musicians specializing in different instruments

CORRECT OPTION: b
3

What are the benefits of specialization?

A

Increased productivity, efficiency, and quality

 

 

B

Increased job satisfaction and motivation

C

All of the above

CORRECT OPTION: a
4

What is the difference between specialization and the division of labour?

 

 

Specialization refers to the process of focusing on a particular area or activity of work, often to the exclusion of other tasks or functions, while the division of labour refers to the separation of work tasks or functions into smaller and more specialized parts, each of which is performed by a different worker or group of workers. 

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