Explain two disadvantages of specialisation.

Vulnerability, whether it be an employee, firm or country who specialise, producing only one good can be a risk if that industry were to collapse. An example of this is the increase in unemployment in the south of England resulting from deindustrialisation.Quality of output may in fact decrease as repetition can cause boredom and workers may start to make mistakes.

Answered by Kira E. Economics tutor

2370 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Analyse how a fall in the value of a currency may increase a current account surplus on the balance of payments.


Explain one possible effect on the equilibrium market price of an increase in production costs for firms


What is the law of demand?


Explain the meaning of the term ‘externality’ and give an example of one that is negative.


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy
Cookie Preferences