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FOCUS QUESTIONS FOR THIS SECTION

  • Why do people specialize?

  • How does specialization impact a nation’s economy?

Economics

Section 8: Specialization and Division of Labor

SECTION DESCRIPTION
In these lessons, students will be able to define division of labor and specialization, and will be able to give examples of each. Furthermore, they will be able to explain the impact these items have on the ability to effectively produce goods and services. Students will explore the impact of technology and how local and global resources affect productivity and policy decisions.


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LESSON OBJECTIVES

  • Define division of labor as an arrangement in which workers perform only one step or a few steps in a larger production process.

  • Define specialization as a situation in which people produce a narrower range of goods and services than they consume.


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LESSON OBJECTIVE

  • Recognize how specialization of labor and division of labor increase productivity and interdependence within a small community.


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LESSON OBJECTIVES

  • Illustrate examples of specialization to the labor force.


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 LESSON OBJECTIVES

  • Identify how the human, capital, and natural resources of a state contribute to its specialization.

  • Infer ways in which all countries rely on the specialization of other countries to strengthen international trade.


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LESSON OBJECTIVES

  • Make predictions on how policies in one nation affect other nations as a result of interdependence.