Advantages of Specialization,Disadvantages of Specialization

Advantages of Specialization

·        Individual workers can concentrate on the work that they are most suited for.

• Practice makes perfect. Workers doing the same work hundreds of times a day will become perfect in their work.
• Division of labour allows a great saving of tools and equipment.
• When there is division of labour, there are chances of new techniques and ideas being developed.
• Division of labour leads to an increase in the output per worker.
• Increase in output results in lower costs for the consumers.
• This also results in the need to exchange the surplus in one area with that of another area.
• Specialization leads to less breakages and damages resulting in less wastage.

Disadvantages of Specialization:

·        Each department depends on the other departments. If there is a break down in one department, then the whole industry may get affected.

• There are chances of boredom as the workers are doing the same work hundreds of times a day.
• As machinery becomes more elaborate it replaces labour causing unemployment.
• Division of labour normally leads to a decline in craftsmanship.
• As machinery takes over, the choice of goods available to consumers is reduced.