Weekends are those days of the week when, most likely, the whole family is at home. It’s a great time to do things together, but it’s also the time when bigger chores that couldn’t be tackled during the working week, like mending things or gardening, finally get done. Often, when there’s a list of tasks to complete, your parents may divide them based on skills, preferences, or just who’s good at what.
In economics, this is known as the division of labour, a concept that refers to splitting work so each person focuses on a specific task. It leads to increased productivity, as individuals become more skilled and efficient at what they do. Adam Smith famously explained this idea using the example of a pin factory. When each worker sticks to a small part of the process: cutting the wire, shaping the head, or packaging the pins – production speeds up.
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