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Jamb Economics Past QuestionsJamb Past Questions and Answers on Division of labour and specializationQuestion 1:In the history of economics the concept of division of labour is usually associated With______________- A. Karl Marx B. Adam Smith C. David Ricardo D. J.M Keynes Question 2:One of the factors limiting the effectiveness of division of labour in the production process is the A. Prevailing wage rate B. Level of technology C. Unemployment rate D. Population size Question 3:What would encourage the growth of international division of labour? A. Improvement in transport system B. Instability in international exchange rate C. Restrictions on the movement of resources D. Increase in tariff Question 4:All the following are types of specialization except A. Manager Specialization B. Product specialization C. Specialization by sex D. Geographical specialization Question 5:Division of labour requires that, the tasks in a production line be performed A. By specialists B. In stages C. By all workers D. By unskilled labourers |
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