Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Increased productivity
B
Higher unemployment
C
Reduced competition
D
Decreased innovation
Understanding the Answer
Let's break down why this is correct
Answer
One primary benefit of specialization in an economy is that it allows workers and businesses to become very skilled at a specific task or product. When people focus on what they do best, they can produce goods or services more efficiently and with higher quality. For example, if a factory specializes in making shoes, each worker can learn to make shoes faster and better than if they were doing many different jobs. This increased efficiency leads to more products being made, which can lower prices and increase choices for consumers. Overall, specialization helps the economy grow by making production more effective and meeting people's needs better.
Detailed Explanation
Specialization means people or businesses focus on what they do best. Other options are incorrect because Some might think specialization leads to fewer jobs; It's a common belief that specialization reduces competition.
Key Concepts
specialization
Topic
Benefits of Specialization and Trade
Difficulty
easy level question
Cognitive Level
understand
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