Question
What is division of labor?
the assignment of wants based on needs
the assignment of skills to people based on current needs
the assignment of specific jobs to specific people
the assignment of different capital resources
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GPT-4o mini
The correct definition of division of labor is **the assignment of specific jobs to specific people**. This concept refers to the breakdown of a production process into distinct tasks, with each worker specializing in a particular function to increase efficiency and productivity.
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