Which effect does specialization have on the overall economy? fewer natural resources improved productivity decrease in trade higher unemployment

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asked Jul 27, 2021 208k views

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TomSelleck · Answer 1 · 2021-07-31T20:37:55+0000

The correct answer is improved productivity

Specialization has extremely positive effects for the economy as well as increased productivity, good efficiency, and great returns for the economy. In this context, it is possible to understand how specialization is important for economic gains.

Which effect does specialization have on the overall economy? fewer natural resources improved productivity decrease in trade higher unemployment

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