Sir William Petty studied Dutch shipyards where captains would build ships by placing people into groups that each specialized in building one part of the ship. Which economic principle does this represent?

Question

Jerimiah Hunt

Business

16 July, 19:01

Sir William Petty studied Dutch shipyards where captains would build ships by placing people into groups that each specialized in building one part of the ship. Which economic principle does this represent?

+5

Answers (2)

Know the Answer?

Jerry · Answer 1

One of the first economists to write about the division of labor was Sir William Petty studied Dutch shipyards where captains would build ships by placing people into groups that each specialized in building one part of the ship.

Zaire Kaufman · Answer 2

the answer would be division of labor