As modernization occurs in national economies, production and division of labor increases for firms, and they tend to be more profit-focused

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As modernization occurs, economies often shift from agrarian-based to industrial and service-based, leading to increased production and specialization (division of labor) within firms. This shift typically comes with a stronger focus on efficiency and profit maximization, as competitive pressures and market demands intensify.

As Modernization Occurs in National Economies, Production and Division of Labor