In 1769, Josiah Wedgwood opened the Etruria works in Staffordshire, pioneering a highly structured system where workers specialised in specific tasks like throwing, turning, or painting pottery, rather than making a whole vessel from start to finish. This early industrial system demonstrated the immense productivity gains from organising labor in this way.
Which of the following economists is most famously associated with demonstrating the benefits of specialisation and the division of labour?
Friedrich Hayek
Karl Marx
John Maynard Keynes
Adam Smith
19 exam-style questions on Edexcel A A Level Economics 1.1.5 Specialisation and the division of labour. Each one has a worked solution and a mark scheme showing where the marks go.