The division of labor can benefit society only if
A)a system of exchange exists.
B)society uses all of its resources efficiently.
C)society has no specialized resources.
D)labor resources are not scarce.

Question

Quizplus · Accepted Answer

The division of labor allows individuals to specialize in specific tasks and become more efficient, which can lead to increased productivity and economic growth. However, for this to be beneficial to society, there must be a system of exchange (such as a market economy) in which individuals can trade their specialized goods or services with others. Without a system of exchange, the benefits of the division of labor would be limited.

The Division of Labor Can Benefit Society Only If