Division Of Labor Specialization

The formal study of economics began when adam smith 1723 1790 published his famous book the wealth of nations in 1776.

Division of labor specialization. The division of labour is the separation of tasks in any economic system or organisation so that participants may specialize specialization individuals organisations and nations are endowed with or acquire specialized capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Many authors had written about economics in the centuries before smith but he was the first to address the subject in a comprehensive way. Both these concepts involve dividing the main process into different tasks assigning each task to individual workers or group of workers. Moreover the concept of division of labour or specialization is mainly useful in mass production and assembly lines.

The reason for this is something called the division and specialization of labor a production innovation first put forth by adam smith. The biologists were right in borrowing the concept of the division of labor from social philosophy and in adapting it to their field of investigation.