Source: EconLog
by Brianne Wolf
“The division of labor increases production and makes it more efficient by dividing the separate tasks of making an object among different individuals and thereby simplifying the job each person must perform. On the economic side of things, this innovation that Smith recognized helped spark the Industrial Revolution, and was a precursor to comparative advantage …. As part of Gen Z, the generation of side hustles and multitasking, my students should appreciate the division of labor more than most, and yet when I think about most of them, the marvel that is the division of labor — that we don’t have to make each and every thing we use in our daily lives from start to finish ourselves or pay the price for someone else to do this — is lost on them.” (03/13/26)
https://www.econlib.org/econlog/why-does-the-division-of-labor-matter