Division of labor and specialization contributes to economic growth by removing poverty, and increase the prosperity of a nation.
Explanation:
Division of labor increases the prosperity of a nation as well as huge work done in a short duration of time with lots of workers putting effort into it. Especially industrial companies, corporate companies all these companies with mass works having their own division of labor create a huge transformation to the structure and growth of a nation.
Division of labor and specialization contributes to economic growth by removing poverty, and increase the prosperity of a nation. Specialization helps in the growth of the economy interconnecting with division of labor. It removes the poor status of the society and strengths the foundation of the nation.
