Division of Labor Definition:
The breakdown of jobs into narrow and
repetitive tasks is called division of labor. In 1776, Adam Smith
published his book The Wealth of Nation, in which he argued for the
economic advantages and organizations that society would gain from the
division of labor. Adam Smith used the pin industry example, he claimed that
10 individuals, each doing a specialized task could together produce about
48,000 pins per day. However, if each person worked alone performing each
task separately, it would quite an accomplishment to produce only 10 pins a
day. |
