Humanities/Arts Exam > Humanities/Arts Questions > ‘Expansion of trade, division of labour...
Start Learning for Free
‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features of
- a)post-industrialisation.
- b)democracy.
- c)religious rituals.
- d)capitalism.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
‘Expansion of trade, division of labour, specialisation and risi...
Capitalism increased the growth of individualism and the process of free competition for greater profit maximization.
This question is part of UPSC exam. View all Humanities/Arts courses
Most Upvoted Answer
‘Expansion of trade, division of labour, specialisation and risi...
Features of Capitalism:
Expansion of trade, division of labour, specialisation, and rising productivity are key features of capitalism.
Expansion of Trade:
Under capitalism, there is a significant emphasis on expanding trade both domestically and internationally. This leads to the growth of markets and the exchange of goods and services.
Division of Labour:
Capitalism relies on the division of labour, where different individuals or groups specialize in specific tasks or roles. This division increases efficiency and productivity within the economy.
Specialisation:
Specialisation involves individuals or businesses focusing on producing goods or services in which they have a comparative advantage. This results in higher quality products and increased output.
Rising Productivity:
Capitalism promotes innovation and technological advancements, which in turn lead to rising productivity levels. This increased efficiency allows for the production of more goods and services with fewer resources.
Therefore, the features of capitalism, including the expansion of trade, division of labour, specialisation, and rising productivity, contribute to the overall economic growth and development within a capitalist system.
Attention Humanities/Arts Students!
To make sure you are not studying endlessly, EduRev has designed Humanities/Arts study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Humanities/Arts.
|
|
Explore Courses for Humanities/Arts exam
|
|
Similar Humanities/Arts Doubts
Top Courses for Humanities/ArtsView all
‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer?
Question Description
‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer?.
‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer?.
Solutions for ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts.
Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice ‘Expansion of trade, division of labour, specialisation and rising productivity’ are the features ofa)post-industrialisation.b)democracy.c)religious rituals.d)capitalism.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
|
|
Explore Courses for Humanities/Arts exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup