Specialisation

AS 3) Specialisation - Why would/do workers, firms, regions and countries specialise and want to adopt specialisation? What are the advantages and disadvantages of adopting specialisation?

[@maxgriffiths75]

i recommend that you buy a snowball microphone, its relatively and will make a huge difference to audio quality

[@miltonjustinsuthakaran5447]

last min revision gang 💯

[@patrick7807]

Thats it, Im moving to Kent College - Dal, you are so much better then my econ teachers :(

[@sebastianotomasso1843]

Fantastic videos my exam is tomorrow and I'm going to watch all of your videos now. By the way ouput haha

[@smileysiobhan1]

This helped me loads ! Thank you

[@yeaboiii3057]

I wish our teacher was a good as you :-(

[@austinwachira5185]

Your too good Dal!! Thanks!

[@rosieahathaway2435]

You explained this so simply. Thank u

[@joshwhat4929]

I do have a big thing I need to ask, since this is a large topic in micro, should we be discussing specialisation on an economic scale? (i.e. between countries etc)? Thank you in advance! these videos are the biggest life savers as my teachers aren't great in economics.

[@tulip_hysteria]

so true bestie

[@buffalo6524]

😀😃🤨😌🤥🤧🥺UK
Refg

[@moozzzzz]

Good video i just didn't really understand the ''monetary payments between agents''... Like what exactly did you mean by that? thanks.

[@EconplusDal]

LJ Avr Exchange of money for goods and services

[@Lusco64]

LJ Avr monetary payments = money such as the pound in the UK which can then be used to buy goods or pay for services

[@lukemontgomery1774]

Couldn't you say that for a positive that workers become skilled at one thing, or a disadvantage being that work becomes monotonous

[@rheajain9061]

+Luke Montgomery That's division of labour, a type of specialisation. So technically yes

[@yeaboiii3057]

isn't division of labour sort of within a factory for example, whereas specialisation is within a whole economy??

[@namratamaheshgudulkar3922]

Sir do you have videos for econ igcse

[@matthewfox2655]

You're my hero 😍😍😍

[@ruxiist]

5:50 You put 'Ouput' as opposed to Output. Thanks for your videos anyway

[@orlogskapteina4843]

Lifesaver

[@frankiegibson4204]

Yes I can get my grades now

[@alexyarwood2350]

Cheers dally with a balli

[@xayat6877]

love bro

[@arpitvaish89]

nice video but voice is echoing...

[@lili2003]

Thank you!

[@sammarjaei2802]

thank you!!!!

[@merliah01]

The notion that countries should specialise
based on their factor endowments is too static a
view." Comment: