Economics of Specialisation
AQA 3.1.3.2
, What is Specialisation?
• Specialisation is when we concentrate on a product or task
• Specialisation happens at all levels of economic activity:
1. Specialization of tasks within extended families in many of the
world’s poorest countries
2. Within businesses and organizations e.g. in mass-
manufacturing of vehicles or in the building industry
3. In a country – Bangladesh is a major producer and exporter of
textiles; the USA is a leading shale oil and gas supplier. And
Ghana is one of the biggest producers of cocoa in the world.
4. In a region of a country – for many years the West Midlands
has been a centre for motor car assembly, there has been
huge investment in recent years in the Mini plant at Oxford.
Specialisation in localities / regions can lead to the benefits of
agglomeration
AQA 3.1.3.2
, What is Specialisation?
• Specialisation is when we concentrate on a product or task
• Specialisation happens at all levels of economic activity:
1. Specialization of tasks within extended families in many of the
world’s poorest countries
2. Within businesses and organizations e.g. in mass-
manufacturing of vehicles or in the building industry
3. In a country – Bangladesh is a major producer and exporter of
textiles; the USA is a leading shale oil and gas supplier. And
Ghana is one of the biggest producers of cocoa in the world.
4. In a region of a country – for many years the West Midlands
has been a centre for motor car assembly, there has been
huge investment in recent years in the Mini plant at Oxford.
Specialisation in localities / regions can lead to the benefits of
agglomeration