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Give any five differences between product and process-based division of labour. - Economics

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प्रश्न

Give any five differences between product and process-based division of labour.

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उत्तर

Product-based division of labour Process-based division of labour
When a worker does the entire process of production of a single good or service himself or collectively by the members of the family. When the process of producing a good is divided into different operations and each worker does one or a few operations.
When a person specialises in the production of a particular good or service. When a person specialises in a particular process of the production of a good or service.
It is also known as a simple division of labour. It is also known as a complex division of labour.
It is found in small businesses. It is found in large enterprises.
It is based on the labour-intensive technique of production. It is based on a capital-intensive technique of production.
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पाठ 1: Factors of Production - Exercise [पृष्ठ ३१]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Exercise | Q 11. | पृष्ठ ३१
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