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What is meant by social division of labor explain with the help of examples how social division of labor creates conditions for exchange?

Social division of labor is an aspect of division of labor. It shows the social structure of the technical division of tasks, between firms and workers, or between countries or towns, and focuses on exchange markets. A prime example is one where one town is better equipped for creating food, but another is better suited for creating clothes. As these two towns specialize through social division of labor, they find it beneficial to exchange.


Explain any five merits of division of labour?

Division of labor enhances efficiency by allowing workers to specialize in specific tasks, leading to faster production times. It increases skill levels as individuals become experts in their assigned roles, improving overall quality. Furthermore, it facilitates the use of machinery and technology, as specialized tasks can be streamlined. Lastly, division of labor can lead to greater job satisfaction, as workers may find fulfillment in mastering particular skills.


If the growth rate of labor force is 1.5 percent and the growth rate of labor productivity 1.25 percent then the potential growth rate is?

The formula is : Potential Growth rate = Annual Growth rate of labor force - Annual decline in the work weeks + Growth rate of labor productivity. So u need to have the annual decline in the work weeks to find the potential Growth Regards, Muntaha


If the revenue for the week is 2000 and labor cost consists of 2 workers earning 8 dollars a hour works 40 hours cost as a percentage of revenue?

To calculate the labor cost as a percentage of revenue, first determine the total labor cost. Two workers earning $8 per hour for 40 hours each results in a total labor cost of $640 (2 workers x $8 x 40 hours). To find the percentage, divide the labor cost by the revenue: ($640 / $2000) x 100, which equals 32%. Thus, the labor cost is 32% of the revenue.


What type of industry primary secondary tertiary is Google?

Tertiary. Provides a service to customers. You'll find this link helpful. http://docs.paperless-school.com/PrimarySecondaryAndTertiaryBusinessSectors

Related Questions

What is meant by social division of labor explain with the help of examples how social division of labor creates conditions for exchange?

Social division of labor is an aspect of division of labor. It shows the social structure of the technical division of tasks, between firms and workers, or between countries or towns, and focuses on exchange markets. A prime example is one where one town is better equipped for creating food, but another is better suited for creating clothes. As these two towns specialize through social division of labor, they find it beneficial to exchange.


How do you find a over b?

You first find the values of a and b and then do the division - if necessary, using the calculator that comes as part of your computer.


Did the Spartans depend on slaves and helots to do their manual labor?

yes they did.All the work the masters did not want to do, the slaves did them. I hope you find my answer helpful.


Show me the division for 25 and 75 to find the gcf?

It's not necessary. Since 25 is a factor of 75, it is automatically the GCF.


How do you find the answer in division?

You do the division!


How to find the answer to a division problem?

The answer to a division is the quotient


How do you find the answer to division with only having the answer?

how to find the missing numbers in a division math with only having the answer


What does division expression?

use division by primes to find the gcf


Where can I find division worksheets?

You can download division worksheets at a variety of math aid websites. I would personally recommend www.math-aids.com/Division/ where you can find the specific division worksheets you are looking for.


Explain any five merits of division of labour?

Division of labor enhances efficiency by allowing workers to specialize in specific tasks, leading to faster production times. It increases skill levels as individuals become experts in their assigned roles, improving overall quality. Furthermore, it facilitates the use of machinery and technology, as specialized tasks can be streamlined. Lastly, division of labor can lead to greater job satisfaction, as workers may find fulfillment in mastering particular skills.


Where can you find articles for child labor?

See a reference librarian. She will help you find articles on child labor.


In which division would you expect to find apple trees?

Ginkgophyto division