CAIE IGCSE Economics 3.3.5 Division of Labour Questions
Practise Cambridge IGCSE Economics by defining division of labour and analysing its effects on workers, firms and production.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Practise Cambridge IGCSE Economics by defining division of labour and analysing its effects on workers, firms and production.
Central banks influence their countries' money supply. Central banks also regulate commercial banks. Households benefit from these commercial banks in several ways. In recent years, commercial banks have introduced new technology. Global online banking increased by 14% between 2019 and 2022. These advances in technology were combined with a greater use of division of labour.
Discuss whether or not division of labour will benefit workers.
Discuss whether or not division of labour will benefit workers.
In assessing each answer, use the table opposite.
Why they might:
- can be trained quickly
- rise in productivity might be linked to a rise in income
- can become skilled at a particular task - practice makes perfect
- can concentrate on what they are most interested in
- can gain confidence in the task they undertake - less stressful.
Why they might not:
- can be boring
- occupational mobility is limited
- may not make full use of their skills
- may be replaced by machinery
- work may be disrupted by absence of other staff.
8
Level
3
3(d)
Level & \multicolumn{1}{|c|}{ Description } & Marks
1 &
There is a simple attempt at using
economic definitions and terminology.
Some reference may be made to
economic theory, with occasional
understanding.
1-2
0
A mark of zero should be awarded for no
creditable content.
\end{tabular}
Note: do not reward answers that state benefits to the firm.
L1 and up to 2 marks for an understanding of what division of labour means.
\end{tabular}