Key Concepts: Demand, Financial Risk, Rate of Return
Grade 6-8, 9-12
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Video
Division of Labor/Specialization Video and Quiz
Updated: July 12 2012,
Author: barrel fan
Standards
This video teaches the concepts of Division of Labor and Specialization. The division of labor refers to the practice that the tasks of producing a good or service are divided up into separate tasks. When workers focus on performing separate tasks, specialization occurs. [TRANSCRIPT]
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