Pins
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
Specialization
greater efficiencies in production.
The international division of labor
Adam smith
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Eli Whitney had obtained order from American Government in 1798 to produce guns and introduced the concept of standard interchangeable parts to cut down cost & time in production.
The concept was introduced in tokyo in 2005 but after body changes the GTR went out into production in 2007.
Eli Whitney who had invented the American cotton gin obtained an order of 10000 muskets from the American Government in 1798.He introduced the concept of mass production by standardized interchangeable parts to cut down price & time
Henry ford/ assenbly line production :)
Henry Ford/ Assembly line production
allows specialization
The prominent Russian Leader Vladimir Lenin encouraged efficiency in work production by creating specialty areas. If units of labor are divided within the workforce, then production efforts would increase.
specialization depends on trade that is specialization leads to mass production and hence need for market for the surplus.
The pioneer in the automobile industry implemented the concept of assembly line, which was first introduced by Adam Smith. The assembly line revolutionized the manufacturing process by dividing production tasks into smaller, specialized tasks, increasing efficiency and productivity in the automobile industry.