0By division of labour we mean specialisation in work. Under it the worker specialises either in the prouduction of a single commodity or single sub-process . It is a system whereby the operations necessary to make a finished product are so minutely divided that each worker performs one or at the most only a few operations.
Types of division of labour:
1 . Product based division of labour: When a worker specializes in the production of a particular commodity or service, it is called product based division of labour.
2. Process Based division of labour: in a modern economy, production of a good or service involves several processes and each worker specializes vin one or two processes. This type of division of labour is known as process based or complex division of labour.
3. Geographical division of labour: Sometimes due to some reasons, the production of certain goods takes place in a particular place, state, or country This type of division of labour is called geographical division of labour.
