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Division of Labor/Specialization Video and Quiz
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool

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.

Grades:

• 6-8
• 9-12

Concepts:

• Benefit
• Comparative Advantage
• Division of Labor
• Exchange
• Interdependence
• Productivity
• Specialization
• Trade

Standards:

• Economics 5: Gain from Trade
• Economics 6: Specialization and Trade

Related Resources:

• Trade, Exchange and Interdependence Video and Quiz
• Benefits of Trade/Comparative Advantage Video and Quiz
• Barriers to Trade Video and Quiz

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