This topic contains a solution. Click here to go to the answer

Author Question: Under what conditions do we expect an increasingly specialized and complex division of labor? ... (Read 106 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
Under what conditions do we expect an increasingly specialized and complex division of labor?
 
  What will be an ideal response?

Question 2

Name three distinctions between a household and a firm.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

Division of labor becomes more complex as populations rises and agricultural production intensifies.

Answer to Question 2

Firms can easily expand or contract; households cannot. Individuals are usually tied to a firm by labor and tied to a household by kinship. Households produce goods for consumption by members; firms produces goods for profit. Firms usually wish to increase their size indefinitely; households cannot do this.





 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library