DIVISION OF LABOUR
Hey Guyz, Happy Monday. It's a new Month, MARCH is here. 2015
is really fast, don't you think? Well am just glad we all made it, so many pple
have already lost their lives and we aren't better than them at all, God is
just Faithful always. So today we are on a New Topic, New Month New Topic. So
Let's get started!
Division of Labour is the co-operative specialization of
labour. It dates back to as early as the start of civilization and was
practiced by the Sumerians to group different jobs according to various skills
of the members of the society. Division of Labour is historically associated
with increased growth in total output and is viewed as the rise of Capitalism.
It also helps to solve some of the complex industrialization processes.
Division of Labour as explained by Adam Smith can
be restricted based on the market extent. Adam has suggested that the bigger
the market the higher the specialization. It can then be said that the Global
market that we are currently enjoying has resulted to so much specialization.
The conditions for Specialization to thrive on the global market are a free
trade, free mobility and migration of labour. In Simplified Form, Division of
Labour is the breaking down of production processes into smaller and separate
units which allow for multiple small performances by different individuals and
also machines. For Example, When Machine A mixes the batter and
