Who was the first to formalise the concept of the division of labour ?
Adam Smith formalised the division of labour in 1776 in The Wealth of Nations. Dividing production into specialized tasks can raise productivity through improved skill,…
Choose your answer
Who was the first to formalise the concept of the division of labour ?
Answer and explanation
Correct answer B
Adam Smith formalised the division of labour in 1776 in The Wealth of Nations. Dividing production into specialized tasks can raise productivity through improved skill, reduced switching time and greater use of machinery.
Practice for these exams
-
Jammu & Kashmir and Ladakh SET (JKSET/LASET)