In this article we will discuss about the division of labour in society. One of the striking features of modern industrial economy is the complex division of labour. The complex nature of division of labour was brought out very dramatically by Adam Smith as late as 1776 when he described the production of a very… Continue reading The Division of Labour in Society
Tag: Labour
10 Major Demerits of Division of Labour
Division of Labour: Meaning, Forms and other Details
Division of Labour: Meaning, Forms and other Details! By division of labour we mean an arrangement whereby people perform different functions at the same time. Though the term ‘Division of Labour’ refers only to labour and is applied in the field of economics, yet in fact division of labour in modern society is not limited… Continue reading Division of Labour: Meaning, Forms and other Details