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The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise ( specialisation ). Individuals, organisations, and nations are endowed with or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to ...
In economics, the new international division of labour (NIDL) is an outcome of globalization.The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries—an ongoing geographic reorganisation of production, which finds its origins in ideas about a global division of labor. [1]
For example, one community might make clothes for the purpose of exchange, while another makes tools and a third produces food for the same purpose. Social division of labor greatly increases productivity , because individuals can work on whichever product provides them a comparative advantage , and then trade it to the individuals who cannot ...
List of blacklisted links: Productive and unproductive labour are concepts that were used in classical political economy mainly in the 18th and 19th centuries, which survive today to some extent in modern management discussions, economic sociology and Marxist or Marxian economic analysis. The concepts strongly influenced the construction of ...
The Division of Labour in Society ( French: De la division du travail social) is the doctoral dissertation of the French sociologist Émile Durkheim, published in 1893. It was influential in advancing sociological theories and thought, with ideas which in turn were influenced by Auguste Comte. Durkheim described how social order was maintained ...
A world-empire (examples, the Roman Empire, Han China) are large bureaucratic structures with a single political center and an axial division of labor, but multiple cultures. A world-economy is a large axial division of labor with multiple political centers and multiple cultures."
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. [ 1][ 2] Because these labourers exist as parts of a social, institutional, or political system, labour economics must ...
Labor market segmentation is the division of the labor market according to a principle such as occupation, geography and industry. [ 1] One type of segmentation is to define groups "with little or no crossover capability", such that members of one segment cannot easily join another segment. [ 2] This can result in different segments, for ...