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Mention two ways by which producers benefit from the division of labour. - Economics

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प्रश्न

Mention two ways by which producers benefit from the division of labour.

Give two reasons as to why the division of labour is an advantage to the producer.

थोडक्यात उत्तर

उत्तर १

Benefits of producers from the division of labour:

  • Division of labour increases the efficiency of labour. The worker becomes more specialised if he/she is entrusted with only a part of the work in the production process.
  • When the efficiency of labour increases, it increases the quantity and quality of production. Hence, the producer gets an opportunity to raise his/her income, thus improving the standard of living.
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उत्तर २

  1. Encourages production on a large scale.
  2. Beneficial in making goods of superior quality.
  3. Reduces the cost of production.
  4. Greater possibilities for inventions.
  5. Saving time and tools.
  6. Benefits of large-scale production.
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Notes

Students should refer to the answer according to their questions.

  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Factors of Production - Exercise [पृष्ठ ३०]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Exercise | Q 25. | पृष्ठ ३०
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