Through specialization and exchange,people are able to consume more than if they made everything for themselves.

Question

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Through specialization, individuals can focus on producing one or a few goods/services that they are most efficient at, while exchanging allows them to obtain goods/services they need from others who are better at producing them. This leads to increased productivity and greater consumption than if everyone had to be self-sufficient.

Through Specialization and Exchange,people Are Able to Consume More Than