Answer:
The concentration of production on fewer kinds of goods and services that are consumed is called economic specialization1. Economic specialization is a result of division of labor1, which is when the production of a good or service is broken down into several separate tasks, with different people performing each task2. Economic specialization can increase labor productivity2, which is the amount of output produced per unit of labor input. Economic specialization can also allow people to trade their surplus goods and services for other goods and services that they need or want2.
Step-by-step explanation: