ILO:
a) Specialisation and the division of labour: reference to Adam Smith
b) The advantages and disadvantages of specialisation and the division of labour in organising production
c) The advantages and disadvantages of specialising in the production of goods and services to trade
d) The functions of money (as a medium of exchange, a measure of value, a store of value, a method of deferred
payment)
a) Specialisation and the division of labour: reference to Adam Smith
b) The advantages and disadvantages of specialisation and the division of labour in organising production
c) The advantages and disadvantages of specialising in the production of goods and services to trade
d) The functions of money (as a medium of exchange, a measure of value, a store of value, a method of deferred
payment)
Specialisation & Division of Labour
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Explain a benefit of McDonalds using specilisation and the division of labour in production. (5 marks)
How it's Made | McDonald's Chicken McNugget
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Explain a disadvantgae of supermarkets using specilisation and the division of labour. (5 marks)
The slowest cashier in the world
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Examine two ways a firm can overcome the risks of the division of labour. (8 marks)
Working in a brand new Lidl warehouse
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Revision video on the division of labour:
Division of Labour I A Level and IB Economics
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Specialising in production G/S to trade
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Assess the benefits of Blackberry specialising in mobile phones. (10 marks)
The Rise And Fall Of BlackBerry
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Revision video in specilisation:
What is Specialisation?
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Functions Of Money
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Examine two functions of money for economic agents in Venezuela. (8 marks)
Where a coffee costs wads of banknotes - BBC News
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Revision video on the functions of money
Functions of money
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