"Division of labor.
Dividing up tasks allows workers or countries to specialize in something specific."
When tasks in an economy are specialized there are a number of things that happen. This will enhance efficiency and there will be increased production level as each department is monitored individually.
Division of labor
The U.S. and Canada have a free market economy.
planned economy exists
command economy :D
"Division of labor. Dividing up tasks allows workers or countries to specialize in something specific."
Specialised consumption. Unless trade (or barter) also exists. But specialisation does not, inevitably lead to trade.
When tasks in an economy are specialized there are a number of things that happen. This will enhance efficiency and there will be increased production level as each department is monitored individually.
Division of labor
Division of labor
In a multicellular cell each organelle has a specialized task
The U.S. and Canada have a free market economy.
democracy
The essential tasks of an economy are to provide income for those involved and prosper. Economies range from small groups to the entire world.
planned economy exists
True
human relations skills