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Economics: Division of Labor article review

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American Military University

20 August 2014

DIVISION OF LABOR

It is an economic concept that refers to the specialization of tasks in which a person whose the task he is best in; it a process in which a person focuses on a specific task in order to generate maximum results. According to (North, 1969) an article adapted from the Marx’s Religion of Revolution, most social scientists including the theologian and philosophers have concentrated on the issue of division of labor for a millennium. North also adapted Plato’s point of view that described a society as a community comprised of different social functions but with one goal. North described the term division of labor from biblical perceptive in which he analyzed the letter Saint Paul wrote to the church of Corinth that described a society as a body formed by many organs that performs specific tasks such that if one organ fails the whole body fails.

From the economic point of view division of labor increases production since the production process is broken into small units of production, which is then shared among the workers according to their specialization. Looking back at history, the human species at early stages of evolution adapted the concept of division of labor, in which men went for hunting and the women were left at home preparing small firms and rearing of children. The more the human race advanced in evolution the more the struggle for survival it got leading to division of labor in order to utilize the scarce resources available.

According to North, many economists spent their lifetime trying to analyze the concept of division of labor and specialization. Among the great economists of the millennium there was Karl Marx, who according to North, urged that the world was created by

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