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State Any Two Factors that Determine the Division of Labour. - Economics

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प्रश्न

State any two factors that determine the Division of labour.

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उत्तर

The two factors that determine the division of labour are:

  1. Size of the market: The extent to which division of labour can be adopted, depends upon the size of the market for a particular product. The concept of the market includes the area or region, number of buyers and their purchasing power etc.
  2. Attitude of workers: Divisions of labour becomes useful and beneficial when the workers have a willingness and positive attitude towards it.
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2014-2015 (March) Set 1
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