JAMB - Economics (1981 - No. 4)
Which of the following is NOT true about specialization or division of labour?
Specialization and exchange go hand in hand
Specialization implies that each person produces a surplus of one or a few items (e.g commodities) n which he is specialized
Division of labour needs not take account of the extent of the market
Division of labour results in increased productivity
Division of labour involves the danger of unemployment