Question

The economic benefits of Division of labour was first proposed by:
1. Frank B. Gilbreth
2. Eli Whitney
3. Frederick W. Taylor
4. Adam Smith

Answer 1

Correct Answer - Option 4 : Adam Smith

Explanation:

• Division of labour is the splitting of a task in a system with each task performed by a specialized person.
• Breaking down work into simple tasks avoids unnecessary things and limits the handling of different tools and parts.  
• Adam Smith, a Scottish economist, saw this splitting of tasks as a key to economic progress by giving a cheaper and more efficient means of producing goods.
• The main idea behind it was to include all the parts of societies into work.
• Division of labour is a social concept which explains the work and duty of every human being in a social structure.
• This concept of Division of Labour popularised by Adam Smith in 'An Inquiry into the Nature and Causes of the Wealth of Nation (1776)'.